Question

A new television set was recently purchased for the common room in a residence hall for 479.60 including tax. If the tax rate is 9 percent find the price of the television set before taxes

Answer 1

$479.60 / 1.09 = $440

Answer: $440

Check:

$440 * .09 = $39.60 (taxes) + $440 (TV) = $479.60

Explanation:

Answer 2

$436.436 was the price of the television set before taxes.

Explanation:

Original cost of television = C

Total cost of television when purchased , T= $479.60

Percentage of tax rate = 9%

Amount of tax paid on purchase= 9% of $479.60;

`(9)/(100)* \$479.60=\$43.164`

T = C + $43.164

C = T - $43.164 =$ 479.60 - $43.164 = $436.436

$436.436 was the price of the television set before taxes.