[tex]answer = 0.3675 \\ solution \\ marked \: price = 5.25 \\ tax \: percent = 7 \: percent \\ tax \: amount = \: tax \: percent \: of \: mp \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = 7 \: percent \: of \: 5.25 \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = 0.3675 \\ hope \: it \: helps[/tex]
