SOLUTION: Ms. Arena purchased a new TV at a local electronics store for $ 541.25, which included tax. If the tax rate is 8.25%, find the price of the TV before they added the tax.
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Question 1183593: Ms. Arena purchased a new TV at a local electronics store for $ 541.25, which included tax. If the tax rate is 8.25%, find the price of the TV before they added the tax. Found 2 solutions by josgarithmetic, ikleyn:Answer by josgarithmetic(39620) (Show Source):
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Ms. Arena purchased a new TV at a local electronics store for $ 541.25, which included tax.
If the tax rate is 8.25%, find the price of the TV before they added the tax.
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Let x be the price before the tax (the unknown value under the problem's question).
Write an equation for x as you read the problem
x + 0.0825x = 541.25 dollars,
or
(1 + 0.0825)x = 541.25.
From the equation, find x
x = = 500 dollars.
ANSWER. The price of the item was 500 dollars.