When a merchant imported a certain item, he paid a 9 percent import tax on the portion of the total value of the item in excess of $1,000. If the amount of the import tax that the merchant paid was $76.50, what was the total value of the item?	Options
A) $1,250 B) $1,450 C) $1,650 D) $1,850 E) $2,050
Let x be the value in excess of $1,000.   0.09x = 76.5   x = $850   The total value was $850 + $1,000 = $1,850.   The answer is $1,850.
<result>D</result>
When a merchant imported a certain item, he paid a 9 percent import tax on the portion of the total value of the item in excess of $1,000. If the amount of the import tax that the merchant paid was $76.50, what was the total value of the item?