Thursday, January 21, 2010

Finance Calculator Finance Calculator Question. How Do I Get The Original Price Of Something If I Know The Tax And Whole Dollar?

Finance calculator question. How do I get the original price of something if I know the tax and whole dollar? - finance calculator

For my work it is to sell lemonade for $ 1 pizza and fries for $ 5, pizza, chips, soft drinks and dessert for $ 10 too. How do I find the original purchase price if the above prices include taxes and 975? How can I manually or with corporate finance calculator.

So the answer to the first $ 1 would be 92 cents or more in taxes, 975 = 1 $. I do not think that 92 cents, but it is close.

Well, thank you !!!!!

1 comments:

capwest5... said...

Number of sales = price + VAT

Number of sales = price + (price * 0.0975)

Total Sales Price = 1.0975 *

Now, to solve them Price:

Price = Amount / 1.0975
----------------------
Total sale $ 1 => Price = $ 0.91
Total sales of $ 5 => Price = $ 4.56
----------------------
In general, for all free x

Price = amount of the sale / (1 + x)

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