SOLUTION: Eric paid $518.27 including 6% sales tax for a LCD computer monitor. How much did the computer monitor itself cost.

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Question 309372: Eric paid $518.27 including 6% sales tax for a LCD computer monitor. How much did the computer monitor itself cost.

Answer by CharlesG2(834) About Me  (Show Source):
You can put this solution on YOUR website!
Eric paid $518.27 including 6% sales tax for a LCD computer monitor. How much did the computer monitor itself cost.
518.27/1.06 = approx. 488.93
$488.93, when you add sales tax you are multiplying by 100% + 6% or 1.06