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Can someone help me out?

Can someone help me out?-example-1
User Sherief
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1 Answer

15 votes
15 votes

Explanation:

does this mean the sale price includes the tax already ?

then we need to find 13% of the original price before taxes.

that would be done by saying that $101.94 are actuality 113% of the original price (original price = 100%, and then 13% are added).

101.94 = 113%

1% = 101.94/113

13% = 101.94 × 13/113 ≈ $11.73

that means it of the total sales price of $101.94, $11.73 would be the included taxes.

but if this means that 101.94 = 100% of the original price before taxes, we need to calculate the 13% based on that

101.94 = 100%

1% = 101.94/100

13% = 101.94 × 13/100 ≈ $13.25

and then the total price to be paid is

101.94 + 13.25 = $115.19

User KMC
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