SOLUTION: How do i find the purchase price of a product if the sales tax is $76 and the rate is 9.5%?

Question 640714: How do i find the purchase price of a product if the sales tax is $76 and the rate is 9.5%?
Found 2 solutions by jim_thompson5910, MathTherapy:
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
0.095x = 76

x = 76/0.095

x = 800
Answer by MathTherapy(10552) (Show Source): You can put this solution on YOUR website!

How do i find the purchase price of a product if the sales tax is $76 and the rate is 9.5%?

Since tax was calculated as $76, and since tax rate = 9.5%, then 9.5% of the purchase price equals $76, OR

, with P being the purchase price of the product

P, or purchase price = , or $

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