OG 2016 Tracker >>> OG2016 Problem Solving Video Solutions (OG Practice)



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OG2016 PS Practice #9.
When Leo imported a certain item, he paid 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?
$1,600
$1,850
$2,250
$2,400
$2,750
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