Answer:
$500
Step-by-step explanation:
Let the price of the stereo be x
The sales tax in the town where Amanda lives is 7%
So,Amount of tax = [tex]7\% \times x[/tex]
= [tex]\frac{7}{100} \times x[/tex]
We are given that Amanda paid $35 in sales tax
So, [tex]\frac{7}{100} \times x =35[/tex]
[tex]x =35 \times \frac{100}{7} [/tex]
[tex]x =500 [/tex]
Hence the price of the stereo is $500