SOLUTION: $1.04 is the sales tax. 6.5% is the percentage. What was the total cost? I can't get the right formula to come up with $16.00

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Question 68026: $1.04 is the sales tax. 6.5% is the percentage. What was the total cost? I can't get the right formula to come up with $16.00
Answer by stanbon(48545) About Me  (Show Source):
You can put this solution on YOUR website!
$1.04 is the sales tax. 6.5% is the percentage. What was the total cost? I can't get the right formula to come up with $16.00
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Let "x" be the total cost.
EQUATION:
0.065x=1.04
Divide both sides by 0.065 to get:
x=$16
Cheers,
Stan H>