Answer the questions in Problem 38 , assuming that the $5 \%$ sales tax is imposed on the supplier instead of the consumer.
Added by John C.
Step 1
First, we need to find the price of the item before the tax is applied. Let's call this price $x$. Since the supplier pays the tax, the consumer pays $x$ and the supplier pays $0.05x$ as tax. The total price, including tax, is $1.05x$. Show more…
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