[tex]\text{Find the price of the CD:}\\\\\text{We know that Brandon pays 8\% in sales tax}\\\\\text{We also know the cost of taxd was \$1.20}\\\\\text{Turn this into an equation, use x to represent price of CD}\\\\1.2=0.08x\\\\\text{Solve for x:}\\\\1.2=0.08x\\\\\text{Divide 1.2 by 0.08}\\\\15=x\\\\\boxed{\text{Price of CD: \$15}}[/tex]
