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) About Me  (Show Source):
You can put this solution on YOUR website!
0.095x = 76

x = 76/0.095

x = 800

Answer by MathTherapy(10552) About Me  (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

.095P+=+76, with P being the purchase price of the product

P, or purchase price = 76%2F.095, or $highlight_green%28800%29

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