SOLUTION: If $1,500.00 was the total price paid for an item, including the 6% sales tax, what is the price of just the item itself without the tax?

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Question 356874: If $1,500.00 was the total price paid for an item, including the 6% sales tax, what is the price of just the item itself without the tax?
Found 2 solutions by Alan3354, ewatrrr:
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
= $1500/1.06

Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!


Hi,

Let p represent the price.  The Total with the tax would be.

$15,000.00 = p + .06p

$15,000.00 = (1 +.06)p

$15,000.00/1.06 = p

$14,150.94 = p