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Suppose the selling price or total price of some product is $ 87 and the prevailing tax rate is 30%

you can find out the amount of tax charge by following formula

87*30/130= 20.1

now the original amount would be equal to $87-20.1= 66.9

Proof of calculation:

66.9 * 30/100 = 20.1

66.9+20.1= $87

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Q: How do you figure the original price if you know the total price and the sales tax rate?
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