SOLUTION: if the total bill is $1000 and the tax rate is 6.25% what was the original amount of the bill? What is the formula used to solve this problem?

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Question 785480: if the total bill is $1000 and the tax rate is 6.25% what was the original amount of the bill?
What is the formula used to solve this problem?
Found 2 solutions by nerdybill, stanbon:
Answer by nerdybill(7384) About Me  (Show Source):
You can put this solution on YOUR website!
if the total bill is $1000 and the tax rate is 6.25% what was the original amount of the bill?
What is the formula used to solve this problem?
Let x = original amount of bill
then
x + 6.25/100(x) = 1000
x + .0625(x) = 1000
x(1+.0625) = 1000
x(1.0625) = 1000
x = 1000/1.0625 (formula)
x = $941.18

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
if the total bill is $1000 and the tax rate is 6.25% what was the original amount of the bill?
What is the formula used to solve this problem?
--------
original cost + tax = bill
x + 0.0625x = 1000
----
1.0625x = 1000
x = 1000/10625
x = $941.18
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Cheers,
Stan H.
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