Hello Everyone,
I'm new here and not sure I'm posting this in the right place. Please tell me if this question is better answered elsewhere!
I made a purchase of $4,000
The sales tax rate was 8.75%, or $350
If I only knew the sales tax rate (.0875) and the amount of sales tax ($350), is it possible to figure out what the purchase price was?
If so, what would this equation(s) look like?
I'm new here and not sure I'm posting this in the right place. Please tell me if this question is better answered elsewhere!
I made a purchase of $4,000
The sales tax rate was 8.75%, or $350
If I only knew the sales tax rate (.0875) and the amount of sales tax ($350), is it possible to figure out what the purchase price was?
If so, what would this equation(s) look like?