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pegazuztheflame pegazuztheflame
  • 30-04-2014
  • Mathematics
Answered

If the tax rate is 8.25% and an item is $8, how much is it before the tax?

Verified Answer :

nehal
nehal nehal
  • 30-04-2014

it will be $ 0.66 is the correct answer for this statement

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leonghw leonghw
  • 30-04-2014

If 108.25 % gives you $8
Then the original price must be at 100%, let say it is $
x
To find x, you can express it this way:
108.25/100 = 8/x108.25x = 100 * 8 = 800
Therefore: x = 800/108.25= $ 7.39
Please indicate as best answer if it's the correct solution you're looking for.

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