In a hypothetical state, the government imposes a tax on the consumption of alcohol. The tax rate is set at 15% of the retail price of alcoholic beverages. If a bottle of whiskey retails for $50 before tax, what will be the total price including tax?

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter22: Introduction To Percents
Section: Chapter Questions
Problem 23A
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In a hypothetical state, the government imposes a tax on the consumption of alcohol. The tax rate
is set at 15% of the retail price of alcoholic beverages. If a bottle of whiskey retails for $50 before
tax, what will be the total price including tax?
Transcribed Image Text:In a hypothetical state, the government imposes a tax on the consumption of alcohol. The tax rate is set at 15% of the retail price of alcoholic beverages. If a bottle of whiskey retails for $50 before tax, what will be the total price including tax?
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