If you add 15%, you have 115% of the price before tax.
1.15(p + 1.50) = 11.50
(1.15(p + 1.50))/1.115 = 11.50/1.15
p + 1.50 = 10
p + 1.50 - 1.50 = 10 - 1.50
p = $8.50
Brian F.
asked 09/09/18
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