Question

A trip, including hotel and air, is prices at $319.19 after tax. If the tax rate is 12%, calculate the price before tax that will result in this tax-included amount

Answer 1

Answer: $285

Explanation:

Given

A trip costs
`\$319.19` after-tax inclusion

The rate of tax is 12%

Suppose x is the amount of charge before tax inclusion

We can write

`\Rightarrow x+12\%x=319.19\\\Rightarrow x(1+0.12)=319.19\\\\\Rightarrow x=(319.19)/(1.12)\\\\\Rightarrow x=\$284.99\approx \$285`

The amount before tax inclusion is $285