When Leo imported a certain item, he made a 7 percent import tax on the portion of the total value of the item in excess of $1,000. If the amount of the import tax that Leo paid was $87.50, what was the total value of the item?
- Rep Power
7%(x) = 87.50
Originally Posted by Da_Gr8_Mperor
answer 1250 + 1000
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