Question

A new television set was recently purchased for the common room in a Residence Hall for 486.00 including tax. If the tax rate is 8%, find the price of the television set before taxes.

(Type an integer or a decimal rounded to two decimal places.)
(Answer quickly)

Answer 1

$450

Explanation:

If the tax rate is 8% that would mean it is 1.08 and you can multiply 1.08 with 450 and get 486 as the answer.