Answer:
Final Price Including Tax ($): 62.7
Sale Tax($): 2.7
You buy a product for 60 dollars with tax included. You know that the tax rate at your state is 4.25. What is the tax value?
a) Before Tax Price
Divide the tax rate by 60. A tax of 4.25 percent was added to the product to make it equal to 62.7 So, divide 4.25 by 60 to get 14.75
Before Tax Price ($) = Final price / (1 + tax rate(%) / 60)
