Answer:
Retail price of laptop = $1491.94
Step-by-step explanation:
Price of laptop after tax = $1571.02
Local sales tax rate = 5.3%
Total price = Pre tax price + tax = (100+5.3)%
Total price = 105.3%
Let,
x be the pre-tax price
105.3% of x = 1571.02
[tex]\frac{105.3}{100}x=1571.02[/tex]
1.053x = 1571.02
[tex]\frac{1.053x}{1.053}=\frac{1571.02}{1.053}\\x=1491.94[/tex]
Retail price of laptop = $1491.94
