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You are running a fast food restaurant and you decide to price your menu items in such a way that after tax a cost will
- You are running a fast food restaurant and you decide to price your menu items in such a way that after tax a cost will be rounded to the nearest dollar or half-dollar.
You open your restaurant in New Jersey where sales tax on food is 7%.
The price of chicken burrito in your restaurant is $8.50 which includes tax. Since the advertised price must be the price before tax, calculate the advertised price that will be displayed on a menu.
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