Country C imposes a two-tiered tax on imported cars: the first tier imposes a tax of 20% 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 10%. If Ron imported a $20,000 imported car and ended up paying $2500 in taxes, what is the first tier's price level?  Choose the correct option
A) $6000
B) $5500
C) $5000
D) $5700
E) $5800
Let T be the tier price, P be total price = 20000   Per the given conditions:   0.20T + 0.10(P-T) = 2500   0.20T+0.10*20000-0.10T =2500   0.10T +2000 =2500   0.10T = 2500-2000= 
<gadget id="calculator">2500-2000</gadget>
<output>500</output>
500   T= 500/0.10= 
<gadget id="calculator">500/0.10</gadget>
<output>5_000</output>
5000   Answer $5000
<result>C</result>
Country C imposes a two-tiered tax on imported cars: the first tier imposes a tax of 20% 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 10%. If Ron imported a $20,000 imported car and ended up paying $2500 in taxes, what is the first tier's price level?