5) The sales tax in the town where Amanda lives is 5%. Amanda paid $35 in sales tax on a new stereo. What was the price of the stereo?*
O a. $14.29
O b. $1.75
O c. $700
O d. $3,500

$700

Step-by-step explanation:

Given that,

The sales tax in the town where Amanda lives is 5%.

Amanda paid $35  in sales tax on a new stereo.

We need to find the price of the stereo. Let it is x. Using the formula for percentage as follows :

So, the price of the stereo is $700. Hence, the correct option is(c).