SOLUTION: A new fax machine was recently purchased for an office in Hopedale for $464.40 including tax. If the tax rate in Hopedale is 8%, find the prince of the fax machine before taxes.

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Question 85027: A new fax machine was recently purchased for an office in Hopedale for $464.40 including tax. If the tax rate in Hopedale is 8%, find the prince of the fax machine before taxes.
Answer by RCupstid(2) About Me  (Show Source):
You can put this solution on YOUR website!
8% of 464.40 = .08 * 464.40 = 37.15 (sales tax)
464.40 (total cost) - 37.15 (sales tax) = 427.25 (price before taxes)