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