SOLUTION: A man realizes he lost the detailed receipt from the store and only has the credit card receipt with the after-tax total. If the after-tax total was $848.00, and the tax rate in th

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A man realizes he lost the detailed receipt from the store and only has the credit card receipt with the after-tax total. If the after-tax total was $848.00, and the tax rate in th      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 1190439: A man realizes he lost the detailed receipt from the store and only has the credit card receipt with the after-tax total. If the after-tax total was $848.00, and the tax rate in the area is 6%, what was the pre-tax subtotal?

Answer by ikleyn(52781) About Me  (Show Source):
You can put this solution on YOUR website!
.

If pre-tax total is x (the unknown under the problem's question), the you have this equation


    x + 0.06x = 848  dollars,

or

    1.06x = 848,


which gives you  x = 848%2F1.06 = 800  dollars.


ANSWER.  Pre-tax subtotal was  800 dollars.

Solved.