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I Need Your Help
n/a | 12/12/10 | daihuy

Posted on 12/12/2010 7:54:58 AM PST by DaiHuy

I need the help of some of you who are more well versed in math than I, especiaqlly percentages.

John sells a car to Ted for total of $2000.00. Included in the price is a 5% sales tax. What was the original sale price of the car before the tax was added.

If you could please show me the formula you used to arrive at your answer I would greatly appreciate it.

thanks


TOPICS: Education; Miscellaneous; Weird Stuff
KEYWORDS: math
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To: Graybeard58

you are correct.


21 posted on 12/12/2010 8:27:06 AM PST by Comparative Advantage
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To: Comparative Advantage

The price of the car was $1900. The 5% tax adds an additional $100 to the selling price to make the total price $2000.


22 posted on 12/12/2010 8:32:02 AM PST by Comparative Advantage
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To: ProudFossil
$1904.76 is correct. The formula is to divide $2000.00 by 105% which gives you: $1904.76 as 95% 95.24 as 5% (I quit school at 15 BTW) Except in the world of Washington DC politics. Then the correct formula is divide $2,000.00 by .01 which gives you $200,000. Then subtract the original 2,000 from the $200,000. That leaves $198,000. So the car actually would have cost $202,000. $198,000 for the tax, 2,000 for the car, and another 2,000 for the clunker fund. Makes sense to pigosi and dingy harry. (I changed party affiliation at 35 BTW)

I have reconsidered. Since the original was a compromise I have decided to change it some. Since the original question was about 5% I need to use 5% of .01. The new value is now 2,000 divided by .0005 which gives $4,000,000. So we have $3,998,000 in taxes, 2,000 for the car, and 2,000 for corruption.

It is only a stimulus and who cares about the deficit.

23 posted on 12/12/2010 8:32:02 AM PST by ProudFossil
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To: DaiHuy

Here’s a great website for algebra help:

www.algebra.com

It covers just about everything in algebra and pre-algebra.


24 posted on 12/12/2010 8:34:14 AM PST by Jack023
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To: Comparative Advantage

Ooops!! I’m wrong. Should have just kept quiet. :)


25 posted on 12/12/2010 8:37:59 AM PST by Comparative Advantage
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To: DaiHuy
42.

Source.

Is this for your own homework, or one of your kids?

Cheers!

26 posted on 12/12/2010 9:00:31 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: DaiHuy

Mileage of auto/age of vehicle plus cost of loan over 28 days. However if cash use the subsection found on the last page of the contract. Take this number (less the 5% over the balance), well at this point you’ll need to use your fingers.

moa/aov+1/2 of C-5%X A


27 posted on 12/12/2010 9:35:07 AM PST by count-your-change (You don't have be brilliant, not being stupid is enough.)
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To: DaiHuy

.......... give me just a few more minutes

28 posted on 12/12/2010 9:48:01 AM PST by hole_n_one
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To: hole_n_one

You forgot to divide by pie. You also forgot to co-sine for the 1 you borrowed.


29 posted on 12/12/2010 9:53:18 AM PST by Larry Lucido
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To: Larry Lucido
Congress actually tried to pass a bill once that changed pi to 3.2, lol.
30 posted on 12/12/2010 10:20:21 AM PST by death2tyrants
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To: Larry Lucido
You forgot to divide by pie.

I LOVE pie! Especially Rhubarb.

On the other hand, Pi is 3.1415927.

31 posted on 12/12/2010 10:22:40 AM PST by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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To: OldMissileer

If I wanted Pi, I would have asked for Pi.

Now go draw me a Pi chart.


32 posted on 12/12/2010 10:34:05 AM PST by Larry Lucido
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To: Comparative Advantage
Ooops!! I’m wrong. Should have just kept quiet.

Twice! Remember, you told me that I was correct once.

Just playing around.

A while back, here in Illinois, the rats were pushing an income tax raise from 3% to 4%, trying to pass it off as only a 1% increase. Actually a 33 1/3% increase.

33 posted on 12/12/2010 11:34:31 AM PST by Graybeard58
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To: Larry Lucido
You forgot to divide by pie. You also forgot to co-sine for the 1 you borrowed.

Oh pshaw! Plain Pythagorean poppycock.

Pie are round - corn bread are square.

Now, we're off on a tangent to boot.

34 posted on 12/12/2010 11:41:28 AM PST by Graybeard58
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To: Graybeard58

Ha Ha!! :)

Saturday morning is much too early for me to be thinking about simple arithmetic, I guess. :)


35 posted on 12/12/2010 2:15:57 PM PST by Comparative Advantage
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