Wednesday, July 8, 2009

Problem Solving Q's

For every pack of cigarettes sold, a state tax of 12 cents and a local tax of 3 cents are added to the price of the pack. If a pack of cigarettes sells for $1.35 including taxes, approximately what percent of the pre-tax price is the sum of the state and local taxes?

A. 12.5%
B. 12.0%
C. 11.1%
D. 9.3%
E. 9.0%

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