Problema Solution
if i want 40000 as net amount after deduction of 10.3% of tax, what is the gross amount?
Answer provided by our tutors
let x represent the gross amount
x - 0.103x = 40000
x(1 - 0.103) = 40000
by solving we find:
x = $44,593.09
click here to see the step by step solution of the equation:
the gross amount is $44,593.09.