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Popular Word Problems >

A new television set was recently purchased for the common room in a Residence Hall for 432.60 including tax. If the tax rate is 3%, find the price of the television set before taxes.

Solution

A n e w t e l e v i s i o n se t w a s rece n tl y p u rc ha se d f or t h e co mm o n roo m in a R es i d e n ce H a ll f or 432.60 in c l u d in g t a x . I f t h e t a x r a t e i s 3%, f in d t h e p r i ce o f t h e t e l e v i s i o n se t b e f ore t a x es .

Solution

Amount before tax : 420

Solution steps

Translate the problem into an equation:

432.6 = x + 0.03 x

432.6 = x + 0.03 x : x = 420

Amount before tax : 420

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