SOLUTION: The final cost of the tv is $3,706.30. The local sales tax is 8.1%. What is the labeled pre-tax price? This is what I did but am not sure if correct. 3706.30/108.1% (conver

Algebra ->  Algebra  -> Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: The final cost of the tv is $3,706.30. The local sales tax is 8.1%. What is the labeled pre-tax price? This is what I did but am not sure if correct. 3706.30/108.1% (conver      Log On

Ad: Algebra Solved!™: algebra software solves algebra homework problems with step-by-step help!
Ad: Algebrator™ solves your algebra problems and provides step-by-step explanations!

   

Question 27482: The final cost of the tv is $3,706.30. The local sales tax is 8.1%. What is the labeled pre-tax price?
This is what I did but am not sure if correct.
3706.30/108.1% (converted 8.1% + 100=108.1)
then...
3706.30/1.08= $3,431.76 (my answer)
Is this correct?
Answer by stanbon(48545) About Me  (Show Source):
You can put this solution on YOUR website!
Correct because (original price)+0.081(original price)= 3706.30
1.081(orig. price)=3706.30
orig. price = 3706.30/1.081
Cheers,
stan H.