Solve the problem. Round to the nearest cent.You have agreed to pay $393.92 for a new chaise lounge. The price includes sales tax at a rate of 4.25%. What was the marked price of the chaise lounge and how much tax was paid?
A. $374.27; $19.65
B. $381.52; $12.40
C. $377.86; $16.06
D. $276.44; $117.48
Answer: C
Mathematics
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