In trying to simplify things for a VCE level (since I'm barely following these 'mathematically correct' definitions), the reciprocal function is
^{-1}=\frac{1}{f(x)})
while the inverse is
)
. When working with inverses, the first step you should do is
=y)
to heavily simplify things, because what the inverse means is that you basically swap every x for a y, and every y for an x. So if
=y=x^2+2)
, the inverse would be

. From here, just use algebra to rearrange for y. If you didn't swap f(x) out for y, you'd end up with some pretty messy (and algebraically incorrect?) working out. I'm aware this might not be completely correct but it's as far as you really need to understand for Methods at least.
EDIT: If you want to think of this graphically, inverse functions as I stated above are formed by swapping x and y. Hence, draw a graph on a cleanly ruled and labelled cartesian axis with a marker, grab the bottom right corner of the sheet of paper and flip it upward so that it becomes the top left (you should be looking at the other side of the piece of paper; hold it up to light if you can't see your graph through on the other side). Ta-da, that's what your inverse function will look like graphically, because what you've effectively done is swap the positions of the x and y axes as you should be able to see.