SOLUTION: The homework question is "The purchase of a bicycle, which includes 7% tax, is $374.50. What is the number of dollars in the price before tax is added?" I have tried to solve this

Question 484936: The homework question is "The purchase of a bicycle, which includes 7% tax, is $374.50. What is the number of dollars in the price before tax is added?" I have tried to solve this by writing out an equation: x+(.07(x))=374.5. I have no idea where to start to solve this equation, or if I'm even going about the problem correctly. How can I find 7% of the original price, add it too the original price, and come out with $374.50?
Found 2 solutions by stanbon, Tatiana_Stebko:
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
The homework question is "The purchase of a bicycle, which includes 7% tax, is $374.50. What is the number of dollars in the price before tax is added?" I have tried to solve this by writing out an equation: x+(.07(x))=374.5. I have no idea where to start to solve this equation, or if I'm even going about the problem correctly. How can I find 7% of the original price, add it too the original price, and come out with $374.50?
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Let the origial price be "x".
Equation:
x + 0.07x = 374.50
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1.07x = 374.50
x = $350.00
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Cheers,
Stan H.
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Answer by Tatiana_Stebko(1539) (Show Source): You can put this solution on YOUR website!
you right about equation

divide by 1.07
$ is the original price
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