Which equation matches this statement?
Finn buys a toy boat for $45.50 including tax. He was charged 7% sales tax on the original price.
Let the original price of the toy boat be x.
According to the statement, Finn was charged 7% sales tax on the original price, which means the tax amount is 0.07x.
Therefore, the total cost including tax is the sum of the original price and the tax amount:
x + 0.07x = 45.50
Simplifying the equation, we get:
1.07x = 45.50
So, the equation matching this statement is 1.07x = 45.50.