What is the pre-tax amount for $1447.74 if the tax rate was 5.1%?

Question

Please include how you did this on an adding machine.

Answer 1

since the original price is X you write out this formula

1.051x= 1447.74
since you're increasing by .051 which is 5.1%

Divide both sides by 1.051 and your answer comes out to this

x=1377.49

Your answer is $1377.49

Answer 2

If 1447.74 is the amount after taxes then the amount before taxes must be larger.

Pre tax amoutn is 1.051 * 1447.74 = $1521.57

Answer 3

Let x = pre-tax amount
then 1.051x =1447.74
x = 1447.74/1.051 = $1377.49