$480 and 13% tax what is sub total?

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jo - Feb 27, 2011 at 01:03 PM
rizvisa1 Posts 4478 Registration date Thursday January 28, 2010 Status Contributor Last seen May 5, 2022 - Feb 27, 2011 at 05:38 PM
Hello, I have $480 and 13% of that is tax. What is the amount of the sub total?

Please show the formula

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1 response

rizvisa1 Posts 4478 Registration date Thursday January 28, 2010 Status Contributor Last seen May 5, 2022 766
Feb 27, 2011 at 05:38 PM
if final amount is 480 ( item cost + tax) then

item cost = 480 (1 - 0.13)

if you meant item cost is 480 and would be would be final amount (item cost +tax) then

final cost = 480 * 1.13 ( which is same formula as above just moved around)
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