To solve a system of equations using an inverse matrix, first express the system as a matrix equation Ax=b. The inverse of matrix A can be calculated using the formula A^{-1} = (1/(ad - bc)) * [[d, -b], [-c, a]]. Once the inverse is found, the solution for x can be obtained using x = A^{-1}b. An alternative method involves using row operations to convert the original matrix into the identity matrix, with the inverse appearing on the right side. This approach can be particularly useful for larger matrices and helps reinforce understanding of matrix operations.