Country X imposes a two-tiered tax on imported cars: the first tier imposes a tax of 30% of the car's price up to a certain price level. If the car's price is higher than the first tier's level, the tax on the portion of the price that exceeds this value is 20%. If Ron imported a $50,000 imported car and ended up paying $12000 in taxes, what is the first tier's price level?  Choose the correct choice
A) $22000	B) $20000	C) $23000	D) $24000	E) $25000
Let T be the tier price, P be total price = 50000   Per the given conditions:   0.30T + 0.20(P-T) = 12000   0.30T+0.20*50000-0.20T =12000   0.10T +10000 =12000   0.10T =12000-10000= 
<gadget id="calculator">12000-10000</gadget>
<output>2_000</output>
2000   T= 2000/0.10= 
<gadget id="calculator">2000/0.10</gadget>
<output>20_000</output>
20000   Answer $20000
<result>B</result>
Country X imposes a two-tiered tax on imported cars: the first tier imposes a tax of 30% of the car's price up to a certain price level. If the car's price is higher than the first tier's level, the tax on the portion of the price that exceeds this value is 20%. If Ron imported a $50,000 imported car and ended up paying $12000 in taxes, what is the first tier's price level?