Stellar electronics is selling products in a foreign country that charges 10% tariff on shipping into the country. if the tariff on a particular shipment was $120,000, what was the value of the shipment?

Value of shipment having tariff charges is $1,200,000

Solution:

Given that Stellar Electronics is selling products in a foreign country that charges 10% tariff on shipping into the country.  

For a particular shipment tariif = $120,000

Need to determine value of the shipment

Let’s assume the value of the shipment = x

As from given information, tariff on shipping = 10 % of value of shipment  

So tariff on shipment having value of x

But it’s given that tariff on shipment = $120,000

Hence value of shipment having tariff charges is $1,200,000

4th option is correct xy=-10

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step-by-step explanation: