Question 39243: X. 8.75% = $1785.00
How do you figure "x"?
If the total item costs $1785.00 and the tax is 8.75%, what is the base cost of the item? Found 2 solutions by fractalier, stanbon:Answer by fractalier(6550) (Show Source):
You can put this solution on YOUR website! If the total cost of an item is $1785, that total contains the 100% of the actual item's price plus 8.75% tax...so let x = the actual cost of the item and we can write
(1 + .0875)x = 1785
1.0875x = 1785 and
x = 1785 / 1.0875
x = $1641.38
You can put this solution on YOUR website!
How do you figure "x"?
If the total item costs $1785.00 and the tax is 8.75%, what is the base cost of the item?
Let "x" be the base cost of the item.
Then x+0.875x=1785
1.875x=1785
x=$952.00 (this is the base cost)
Cheers,
Stan H.