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How do you calculate a price before tax? - Answers

Usually the tax is added to the original price, so you can write an equation such as (assuming a 5% tax): p2 = p1 + 0.05 p1 (where p1 is the price before the tax, and p2 is the price after the tax). This can be simplified (applying basic algebra) to: p2 = 1.05 p1 Solving for the original price: p1 = p2 / 1.05 In other words: divide the price after tax by 1.05. If the tax is any other percentage, adjust the factor; for example, for a 7% tax divide by 1.07, for an 8.5% tax divide by 1.085, etc. Note that the factor by which you divide is simply 1 + (tax rate) / 100.



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How do you calculate a price before tax? - Answers

https://math.answers.com/math-and-arithmetic/How_do_you_calculate_a_price_before_tax

Usually the tax is added to the original price, so you can write an equation such as (assuming a 5% tax): p2 = p1 + 0.05 p1 (where p1 is the price before the tax, and p2 is the price after the tax). This can be simplified (applying basic algebra) to: p2 = 1.05 p1 Solving for the original price: p1 = p2 / 1.05 In other words: divide the price after tax by 1.05. If the tax is any other percentage, adjust the factor; for example, for a 7% tax divide by 1.07, for an 8.5% tax divide by 1.085, etc. Note that the factor by which you divide is simply 1 + (tax rate) / 100.



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https://math.answers.com/math-and-arithmetic/How_do_you_calculate_a_price_before_tax

How do you calculate a price before tax? - Answers

Usually the tax is added to the original price, so you can write an equation such as (assuming a 5% tax): p2 = p1 + 0.05 p1 (where p1 is the price before the tax, and p2 is the price after the tax). This can be simplified (applying basic algebra) to: p2 = 1.05 p1 Solving for the original price: p1 = p2 / 1.05 In other words: divide the price after tax by 1.05. If the tax is any other percentage, adjust the factor; for example, for a 7% tax divide by 1.07, for an 8.5% tax divide by 1.085, etc. Note that the factor by which you divide is simply 1 + (tax rate) / 100.

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      Usually the tax is added to the original price, so you can write an equation such as (assuming a 5% tax): p2 = p1 + 0.05 p1 (where p1 is the price before the tax, and p2 is the price after the tax). This can be simplified (applying basic algebra) to: p2 = 1.05 p1 Solving for the original price: p1 = p2 / 1.05 In other words: divide the price after tax by 1.05. If the tax is any other percentage, adjust the factor; for example, for a 7% tax divide by 1.07, for an 8.5% tax divide by 1.085, etc. Note that the factor by which you divide is simply 1 + (tax rate) / 100.

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