$3.22 = the original price +5.5% tax (5.5% = 0.055)
= P+0.055P
= (1.055)P
P = $3.22/1.055 = $3.05
tax= .055 x 3.05 = 15.25 + 1.525 = 16.775
$3.22 -.17 = $3.05 original price rounded off to nearest cent
$3.22 = the original price +5.5% tax (5.5% = 0.055)
= P+0.055P
= (1.055)P
P = $3.22/1.055 = $3.05
tax= .055 x 3.05 = 15.25 + 1.525 = 16.775
$3.22 -.17 = $3.05 original price rounded off to nearest cent
Get a free answer to a quick problem.
Most questions answered within 4 hours.
Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.