SOLUTION: If $1,500.00 was the total price paid for an item, including the 6% sales tax, what is the price of just the item itself without the tax?

Algebra.Com
Question 356874: If $1,500.00 was the total price paid for an item, including the 6% sales tax, what is the price of just the item itself without the tax?
Found 2 solutions by Alan3354, ewatrrr:
Answer by Alan3354(69443)   (Show Source): You can put this solution on YOUR website!
= $1500/1.06
Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!


Hi,

Let p represent the price.  The Total with the tax would be.

$15,000.00 = p + .06p

$15,000.00 = (1 +.06)p

$15,000.00/1.06 = p

$14,150.94 = p 

RELATED QUESTIONS


Suppose you pay a total of $345.53 for an item including sales tax. Assume sales tax is... (answered by mananth)

If I paid $500 total for one item and sales tax of 7.75% has already been added on, how... (answered by rfer)

if you paid $22 (including tax) for an item where the tax rate is 10%, how was the price... (answered by tutorcecilia)

If you paid $44 (including tax) for an item where the tax rate is 20%, how much was the... (answered by Fombitz)

The sales tax rate in the state of Michigan on a nonfood item is 6%. What is the price of  (answered by josmiceli)

An item is priced at $14.33. If the sales tax is 5%, what does the item cost including... (answered by rfer)

An item is priced at $14.67. If the sales tax is 5%, what does the item cost including... (answered by josmiceli)

An item is priced at $13.43. If the sales tax is 8%, what does the item cost including... (answered by ikleyn)

If the price of an Item is $10.50 including taxes. If sales Tax was 14% how much was the... (answered by razeesh)