if the total cost of the power bill was $150.29 and the tax is 33% on it, what is the amount of tax?
Do you mean that $150.29 already includes the 33% tax?
yeah
$50 if estimated
I thought so, but my text book says $37
OK, then think of it this way. The cost of the electricity is x. The bill before tax was 100% the cost of the electricity. It was 100% of x. Then you had to add the tax which is 33% of x. Once you add them together, you have 100% x + 33% x = 133% x. 133% x = 150.29 Since percent means "divided by 100", 133% = 1.33, so 133% x = 150.29 1.33x = 150.29 Solve for x.
x is the amount of the cost of the electricity. Now take 33% of x to get the amount of tax. Once you have x, multiply x by 0.33 to get the amount of tax.
Also, once you have x, the cost of the electricity alone, you can subtract that from $150.29 to get the amount of the tax.
thanks
you're welcome
Join our real-time social learning platform and learn together with your friends!