The formula to calculate the reverse tip is:
\[ \text{IB} = \frac{\text{FB}}{1 + \frac{T}{100}} \]
Where:
A reverse tip calculation helps you determine the original bill amount before the tip was added. This can be useful for understanding the base cost of your meal or service before the gratuity was included.
Example:
Step 1: Calculate the original bill amount:
\[ \text{IB} = \frac{120}{1 + \frac{20}{100}} = \frac{120}{1.20} = 100 \text{ dollars} \]