SOLUTION: A new television set was recently purchased for the common room in a Residence Hall for $481.50 including tax.If the tax rate is 7%​, find the price of the television set b

Algebra ->  Equations -> SOLUTION: A new television set was recently purchased for the common room in a Residence Hall for $481.50 including tax.If the tax rate is 7%​, find the price of the television set b      Log On


   



Question 1019165: A new television set was recently purchased for the common room in a Residence Hall for $481.50 including tax.If the tax rate is 7%​,
find the price of the television set before taxes.

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +p+ = the price before tax
+p+%2B+.07p+=+481.5+
+1.07p+=+481.5+
+p+=+450+
The price before tax was $450