SOLUTION: A new television set was recently purchased for the common room in a Residence Hall for $486 including tax. If the tax rate is 8% ​, find the price of the television set before

Algebra.Com
Question 1181567: A new television set was recently purchased for the common room in a Residence Hall for $486 including tax. If the tax rate is 8% ​, find the price of the television set before taxes.
Answer by ikleyn(52787)   (Show Source): You can put this solution on YOUR website!
.

If x is the price BEFORE the tax, then we have this equation for x


    (1+0.08)*x = 486  dollars


    x =  =  450  dollars.    ANSWER

Solved, answered and explained.



RELATED QUESTIONS

a new television set was recently purchased for the common room in a residence hall for... (answered by ikleyn)
A new television set was recently purchased for the common room in a Residence Hall for... (answered by josmiceli)
A new fax machine was recently purchased for an office in Hopedale for $464.40 including... (answered by RCupstid)
A new television set was $545.00 including tax. If the tax rate is 9% find the price of... (answered by fractalier)
Dan recently purchased a new car. what was the cost of the car before tax if the total... (answered by richwmiller)
A new computer was purchased for $957.65 including sales tax. If the sales tax is 7%,... (answered by rfer,lynnlo)
in the state of Connecticut there is a state sales tax of 6.35% on all goods purchased.... (answered by Alan3354)
Ms. Arena purchased a new TV at a local electronics store for $ 541.25, which included... (answered by josgarithmetic,ikleyn)
A hotel room bill for 5 nights was $706.25 including a 13% tax. What was the price before (answered by math-vortex)