SOLUTION: Inclusive of a 6.8% sales tax, a diamond ring sold for $2349.60. Find the price of the ring before the tax was added. (Round to the nearest cent, if necessary.)

Question 1171392: Inclusive of a 6.8% sales tax, a diamond ring sold for $2349.60. Find the price of the ring before the tax was added. (Round to the nearest cent, if necessary.)

Answer by ikleyn(52808) (Show Source): You can put this solution on YOUR website!
.


The equation is


    (1 + 0.068)x = 2349.60,   or


    1.068x       = 2349.60.


The equation says that the price before the tax "x" plus the tax  (0.068x) make the total of $2349.60.


From the equation,  x =  = use your calculator = 2200.


ANSWER.  The price of the ring before the tax is $2200.00.

Solved, answered, explained and completed.

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