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How Do I Find The Original Price Before Sales Tax?

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Oddman Profile
Oddman answered
Look on the price tag.
If you know the tax rate and the total, you can divide the total by (1+(tax rate)).  Example   The amount paid, tax included is $105. The tax rate is 5%. What was the original price?   (total paid) = (original price) + (tax rate)*(original price)    (equation for the total including tax)   (total paid) = (original price)*(1 + (tax rate))    (factor out the original price)   (total paid)/(1 + (tax rate)) = (original price)    (divide by the coefficient of original price)   $105/(1+0.05) = $100   The original price was $100.   The amount of tax was $105 - $100 = $5 = 5%*$100

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