Question

I buy a new TV. The tax rate is 8%. If the total I pay (including tax) is $799.20, how much was the TV before tax

Answer 1

$735.264

Explanation:

First, we need to find 8% of the total payment of the TV:

8% of $799.20

`(8)/(100)` x $799.20

= $63.936

Finally, subtract $63.936 from $799.20:

= $735.264.

Therefore, if I bought a TV and the tax rate is 8% and the total payment of the TV is $799.20, the before tax of the TV is $735.264.