The Mudcat Café TM
Thread #44633 Message #658255
Posted By: GUEST,D_Hayes
26-Feb-02 - 11:33 AM
Thread Name: BS: MATH PROBLEM
Subject: RE: BS: MATH PROBLEM
Sorry guys........you are all wrong.....
you must divide by .935 to get the correct NETT amount.
100 / .935 = 106.9518
Now th NC tax of 6.5% of 106.9518 is 6.9518 and the price to the seller is 100.