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26 March, 02:10

Lenny bought a motorcycle. he paid 12.5% in tax. the tax added $1437.50 to the price of the motorcycle. what was the price of the motorcycle, not including the tax?

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  1. 26 March, 03:45
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    In order to calculate the initial price of the motorcycle, we use the formula:

    Total item price = (Item price*tax rate) + item price.

    Rearranging the equation to solve for the unknown:

    Item price=total item price/Tax rate.

    Substituting the real values into the formula:

    Item cost=1,437/12.5%. The result of this equation determines that the original price of the motorcycle (not including tax) is:

    $11,496-$1,437=$10,059
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