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the tax on an item is $60. given a tax rate of 8.5%, what is the price to the nearest dollar before taxes?
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the tax on an item is $60. given a tax rate of 8.5%, what is the price to the nearest dollar before taxes?

User Chris Schmitz
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2 Answers

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The answer would be $713.
User Rmeador
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You divide the amount of tax by the tax rate to determine the pre-tax amount. In this case $60 diveded by .085 which equals $706 (rounded).
User Laurens Kling
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