I purchase a truck for $35,000 & the sales tax charged was 6.5%, how do I figure the price before sales tax?

Question

This is a math problem..it does make sense - I just can't figure out how to solve the problem. It was one of the questions on a test given to me by the Dept. of Revenue which, of course, I missed. Please, only serious replies. The last answer I received told me the question didn't make sense so i have rephrased it.

Answer 1

106.5% = 35000
100% = X

You just need to find X.

X = 35000 * 100% / 106.5%
X = 3500000 / 106.5
X = 32863.85

Answer 2

to gather revenues tax a company ought to have a permit to attain this. First you're assuming that the corporate does not have revenues tax nexus on your state, besides the incontrovertible fact that it incredibly is irrelevant on your question as a results of fact the corporate is performing as an agent on behalf of your state by gathering revenues tax which is often voluntary (surprisingly basic interior the streamlined contract states) Presuming that the product qualifies as taxable assets, the burden is on you, the customer to tutor to the broking which you're exempt from tax by offering valid exemption/resale documentation on your state. whether the corporate did no longer value you tax and you are the top customer of a taxable purchase, you ought to pay use tax on your state. Disclaimer: The above counsel isn't meant as tax suggestion and should no longer be used for any purpose.

Answer 3

While the math from a couple of posters is correct, the question is defective. The sales price of a vehicle is ALWAYS before the tax is added on.

Answer 4

divide sales + tax price by $1.065

the answer is the sales price -

if item plus tax is $10.65 - then divide 1.065

answer is $10 - for original price

if the truck price is $35,000
to figure truck plus tax in one hit - -

multiply by 1.065

to find it out for a separate line item - tax only
multiply by .065

Answer 5

35000 divided 1.065 equal 32863.85

Answer 6

umm

Answer 7

32725