A consumer values a car at $525,000 and a producer values the same car at $485,000. If sales tax is 8% and is levied on the seller, then the seller's bottom-line price is (rounded to the nearest thousand)
a) 527,000
b) 524,000
c) 525,000
d) 500,000
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Home » Business » A consumer values a car at $525,000 and a producer values the same car at $485,000. If sales tax is 8% and is levied on the seller, then the seller's bottom-line price is (rounded to the nearest thousand) a) 527,000 b) 524,000 c) 525,000 d) 500,000