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 Tax deduction (Posted on 2018-08-22)
I'm visiting an unfamiliar state. This state has a sales tax of 6.1% but I don't know this. All I know is the tax rate is of the form a.b% where a and b are single digits.

I buy an item at a store and am able to deduce the tax rate from the item's price and the tax amount as listed on the receipt.

What is the minimum cost of the item that would allow me to make such a deduction?

Note: The tax amount listed on the receipt is rounded to the nearest cent.

 No Solution Yet Submitted by Jer Rating: 3.0000 (1 votes)

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 in for a penny Comment 6 of 6 |
I have not looked at the slew of other answers, but I like to imagine agreement. At 6.0, 6.1, and 6.2% tax rates a \$5.41 item distinguishes itself with 3 unique prices:

\$5.73   \$5.74   \$5.75

raw price before rounding:

5.7346   5.74   5.7454

program taxes

implicit none

real tax(3),cost(3)

integer i,j,icost(3)

data tax/.06,.061,.062/

do i = 1,1000

do j=1,3

cost(j)=i*(1+tax(j))

icost(j)=0.5+cost(j)

enddo

if(icost(1).ne.icost(2).and.icost(2).ne.icost(3))then

print 2,i,icost,cost

stop

endif

2          format(i4,2x,3(i4,2x),2x,3(f7.2,2x))

enddo

end

rabbit-3:~ lord\$ tax

541   573   574   575     573.46   574.00   574.54

Edited on August 22, 2018, 3:43 pm
 Posted by Steven Lord on 2018-08-22 15:33:14

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