Question

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The (after tax) purchase price of a sweater is $37.06. If the tax rate is 7.25% what was the pre tax of the sweater

Answer 1

268.6850

Explanation:

here's 4 total decimal places in both numbers.

Ignore the decimal places and complete the multiplication as if operating on two integers.

3 7 0 6

× 7 2 5

+ 1 8 5 3 0

+ 7 4 1 2

+ 2 5 9 4 2

= 2 6 8 6 8 5 0Rewrite the product with 4 total decimal places.

Answer = 268.6850

Therefore:

37.06 × 7.25 = 268.6850