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

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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