Mia found a receipt for a pair of boots for $159.71, tax included. If the sales tax rate was 7%, what was the list price of the boots? Round your answer to the nearest cent.

Answer 1

Let x be the list price of the boots.

The sales tax on the boots would be 0.07x.

So, the total cost Mia paid for the boots, including sales tax, would be x + 0.07x = 1.07x.

Given that Mia paid $159.71 in total, we can write the equation:

1.07x = 159.71

Solving for x:

x = 159.71 / 1.07
x = 149.22

Therefore, the list price of the boots was $149.22.