Country X imposes a two-tiered tax on imported cars: the first tier imposes a tax of 25% 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 15%. If Ron imported a $30,000 imported car and ended up paying $5500 in taxes, what is the first tier's price level?  Options.
A) $10000
B) $11000
C) $12000
D) $10500
E) $11500
Let T be the tier price, P be total price = 30000   Per the given conditions:   0.25T + 0.15(P-T) = 5500   0.25T+0.15*30000-0.15T =5500   0.10T +4500 =5500   0.10T = 5500-4500= 
<gadget id="calculator">5500-4500</gadget>
<output>1_000</output>
1000   T= 1000/0.10= 
<gadget id="calculator">1000/0.10</gadget>
<output>10_000</output>
10000   $10000nswer $10000
<result>A</result>
Country X imposes a two-tiered tax on imported cars: the first tier imposes a tax of 25% 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 15%. If Ron imported a $30,000 imported car and ended up paying $5500 in taxes, what is the first tier's price level?