2006-07-17 08:28:47 · 15 answers · asked by secret t 1 in Education & Reference ➔ Other - Education
You have to know the tax rate. If the rate is, for example, 6%, then you can figure the answer out like this:
x = the base rate (what we are solving for)
.06 = the tax rate (when you know the rate just plug that number in instead - remember that 6% = 6/100 = .06. If the tax rate is 13% = 13/100 = .13.
$148.56 = x + .06x
$148.56 = 1.06x
$148.56/ 1.06 = x
$140.15 = x
if the tax rate is 7% the base price would be $138.84; 13% and the base price would be $131.47. Just plug the correct percentage in and calculate the answer.
2006-07-17 08:37:42 · answer #1 · answered by Novice restauranteur 3 · 0⤊ 0⤋
First, it depends on what the tax is. Let's say it's 5%
To get 148.56 the base price was multiplied by 1.05 or 105%.
To find the base price divide 148.56 by 1.05 or 105%.
The base price before 5% tax is 141.49.
6% tax, 140.15
7% tax, 138.84
2006-07-17 08:36:53 · answer #2 · answered by homer simpson 3 · 0⤊ 0⤋
easy to figure out once we know the tax rate...if your tax rate is 7%, divide 146.56 by 1.07 (or 1.0725, or whatever the tax rate), and there's your answer. Using the formula, the base price with a 7% sales tax is $138.84
2006-07-17 08:31:57 · answer #3 · answered by Drew M 3 · 0⤊ 0⤋
if it cost a lot the tax will be higher and i the thing cost like $10 the taxs will be around 60 cents.
2006-07-17 08:33:20 · answer #4 · answered by Judy 2 · 0⤊ 0⤋
You take the percentage of tax (for example tax where I live is 6%) and you express it as a ratio. 6% become .06 for example. Add that to one. ex:1.06 take your total and divide by that. in your example, assuming your tax is the same as mine, base price is: $140.15.
2006-07-17 08:34:03 · answer #5 · answered by rickthewonderalgae 3 · 0⤊ 0⤋
Divide 148.56 by 100 percent plus the tax percentage. ie: if the tax is 2.5 % then 148.56 Divideded by 1.025=correct answer.
2006-07-17 08:40:49 · answer #6 · answered by rhymingron 6 · 0⤊ 0⤋
add your tax base to 100[6.5 tax pluss 100+106.5] divide 106.5 into the price of the article and multiply the answer by 100
2006-07-17 08:33:27 · answer #7 · answered by wally l 3 · 0⤊ 0⤋
minus the percentage the tax is. If the tax is 8%, take away 8%.
2006-07-17 08:31:59 · answer #8 · answered by Kaori 5 · 0⤊ 0⤋
if the tax is 4.5% then you divide the total by 104.5 and then multiply the answer by 100 and that will give you your base price.
2006-07-17 08:32:07 · answer #9 · answered by Jerry C 1 · 0⤊ 0⤋
find your states tax rate and subract that percentage from the sales price..
148.56 -.8% += ? Your states tax rate may be different...
2006-07-17 08:31:50 · answer #10 · answered by jv1104 3 · 0⤊ 0⤋