Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
formula for percentage?
It has been years since math class, so can someone tell me the formula for this example.
If you pay $35 with tax and the tax is 7.75%, how much was the item and how much was the tax? What is the formula used? Thank you
8 Answers
- MamaMia ©Lv 71 decade agoFavorite Answer
(price) + (tax)(price) = total
Or, (1 + tax)(price) = total
Since tax is given as a percentage, you write it as a decimal by dividing the percentage by 100.
In your case, the tax is 7.75%, or as a fraction, 7.75/100 of the price of the item ==> 0.0775 as a decimal.
(1 + 0.0775)(item price) = 35
price = (35) / (1.0775) = $32.48
Hope that helps ;)
- RayLv 51 decade ago
cost = (1 + r ) price
where r is the tax rate as a decimal and price is what the original price is before the tax and cost is the cost that you must pay.
35 = ( 1 + 0.0775 ) p and now you must solve for p.
35 = 1.0775p
divide boht side by 1.0775 to find the original price.
p = 32.48
the amount of tax is 35 - 32.48 = 2.52
- ?Lv 41 decade ago
this is the formula that I have always used since high school:
% / 100% = is / of
7.75% / 100% = n / $35
you sove for n = (35 x 7.75)/100
= 2.71
hope this helps :)
- 1 decade ago
Here's what i think
Tax is 7.75%
Let "x" represent the original price of the item
So,
35 = x + 0.0775x
35 = x (1+0.0775)
35 = 1.0775x
x = 35/1.0775
x = 32.48
The original price was $32.48
- 1 decade ago
35 X 0.0775 = amount of tax
subtract that from 35, and you get the answer for item price.
- Anonymous1 decade ago
7.755 = .0775
if you put a 1 in front of .0775 (1.0775) you get a total
35*1.0775 = 37.7125
your tax was 2.7125
- 1 decade ago
Where "x" is the initial price of the item.
x + x*.075 = 35
Solve for x
x*(1 + .075) = 35
x = 35/(1 + .075)
Solved for x ==> x = $32.558 Rounded = $32.56
Initial price of the item is $32.56
Tax = $35.00 - $32.558 = $2.44
Answer $2.44
- 1 decade ago
lets say you pay 100A$ without tax A*7.5/100 is tax. So you give 107.5 A.
107.5A$=35$ A=32.55814