Respuesta :
Let, amount of money he can spend on the present before tax=p
The tax on present of cost p =6% of p=0.06p
Amount of money he spent on present after tax= p +0.06p=1.06p
the amount he can spent should be less than 40
So, 1.06p≤40
To get the value of p, let us divide by 1.06 on both sides
[tex] \frac{1.06}{1.06}p \leq\frac{40}{1.6} [/tex]
[tex] \frac{1}{1}p \leq 37.73 [/tex]
p≤37.73 or 37.73≥p
Answer:Option (b)