Answer:
Mathematical model: S(p) = 0.08p
[tex]S(p)=\frac{12.32p}{164}[/tex]
S(310) = $23.3
Explanation:
We're told from the question that sales tax, S, is directly proportional to retail price, p. This can be represented mathematically as seen below;
[tex]\begin{gathered} S\propto p \\ S=kp \end{gathered}[/tex]
where k = the constant of proportionality.
From the question, we're also told that when p = $164, S = $12.32.
Substituting the above values into our equation, we'll have;
[tex]\begin{gathered} 12.32=k\times164 \\ k=\frac{12.32}{164} \end{gathered}[/tex]
So our mathematical model can be represented as;
[tex]S(p)=\frac{12.32p}{164}[/tex]
Therefore, when p = $310, we can solve for S as seen below;
[tex]\begin{gathered} S(310)=0.08\times310 \\ S(310)=\text{ \$23.}3 \end{gathered}[/tex]