Casey buys a bracelet. She pays for the bracelet and pays $0.72 in sales tax. The sales tax rate is 6%.What is the original price of the bracelet, before tax?
Q. Casey buys a bracelet. She pays for the bracelet and pays $0.72 in sales tax. The sales tax rate is 6%.What is the original price of the bracelet, before tax?
Given Information: We have:Sales tax paid: $0.72Sales tax rate: 6%To find the original price of the bracelet before tax, we need to calculate how much the sales tax represents of the original price.We use the formula: Sales tax paid = Original price ∗ Sales tax rateLet's denote the original price as P.So, we have: $0.72=P×1006
Calculate Sales Tax: To find the original price P, we need to isolate P in the equation.We do this by dividing both sides of the equation by the sales tax rate.P=$0.72/(1006)
Isolate Original Price: Now we perform the division to find P. P=0.06extextdollar0.72P=extextdollar12.00This is the original price of the bracelet before tax.
More problems from Percent of a number: tax, discount, and more