this is my answer I am not sure if is right
$60
$60 = .065 X
2007-07-13 13:22:20 · 11 answers · asked by sweetdeseos 2 in Business & Finance ➔ Taxes ➔ United States
Let x be the amount of purchase.
6 % of x is 6x/100
6x/100=60
6x=6000
x=1000
2007-07-13 13:28:26 · answer #1 · answered by cidyah 7 · 1⤊ 0⤋
Sorry, but you have a few factors wrong..
1. You want the TOTAL cost of the purchase, the Tax PLUS the cost so take that into account with your calculation.
2. You used .065. Where did the "5" come from?
3. Your formula is wrong.
Good Luck!
2007-07-13 13:38:18 · answer #2 · answered by AirDevil 4 · 0⤊ 0⤋
You are really close, but you have a 5 in there instead of a 0...
60=.060X
60/.06=1000
2007-07-13 13:30:00 · answer #3 · answered by SelfGrill 3 · 1⤊ 0⤋
The purchase should be $ 1,000, assuming all of the purchase was sales taxable.
1000x6%=60
2007-07-17 01:59:54 · answer #4 · answered by Lin H 2 · 0⤊ 0⤋
.06x=60, therefore moving the decimal point two place to the right of both numbers spearated by the = sign, you have
6000/6=$1000 [ans]
To check answer, multiply .06 by 1000, and you have $60.
2007-07-13 13:31:50 · answer #5 · answered by WC 7 · 1⤊ 0⤋
$63.60 $60 X .06
2007-07-13 13:26:36 · answer #6 · answered by Corina 6 · 0⤊ 2⤋
Is this a trick question? That would be $1000.00 purchase.
2007-07-13 13:26:57 · answer #7 · answered by prius2005toy 4 · 2⤊ 0⤋
you are wrong 6%=$60.00 100%=X =? simple algebra-therefore X - 1000.00
2007-07-13 13:34:30 · answer #8 · answered by vanessa 6 · 1⤊ 0⤋
the purchase would be $1,000
2007-07-13 13:25:40 · answer #9 · answered by I Have Parasites 4 · 1⤊ 0⤋
$1,000.00
60=.06X
60/.06=X
x=1000
2007-07-13 13:25:26 · answer #10 · answered by ME 3 · 2⤊ 0⤋