Question

Ncluding a 6% sales tax, a new stereo costs $492.9. Find the cost of the stereo before tax. A) First write an equation you can use to answer this question. Use x x as your variable and express any percents in decimal form in the equation. (1)

Answer 1

1.06x = 429.9

Cost of stereo before sales tax = $405.6

Explanation:

Given the following :

Full cost of stereo(cost after sales tax) :

(cost before sales tax + sales tax)

Sales tax = 6%

Cost after sales tax = $492.9

Take the cost before sales tax as 'x'

Therefore, cost after sales tax:

x + 6% of x = $492.9

Equation to solve the problem :

x + 0.06x = 429.9

1.06x = 429.9 - - - (1)

We can then solve for x:

1.06x = 429.9

x = 429.9 / 1.06

x = $405.56603

x = $405.6