Question

Ms. Arena purchased a new TV at a local electronics store for $541.25, which included tax. If the tax rate is 8.25%, find the price of the TV before they added the tax.​

Answer 1

The price of the TV before they added the tax could be 496.76 dollars.

What is income tax?

Income tax is a tax applied on individuals or entities concerning income or profit earned by them.

It is given that Ms. Arena purchased a new TV at a local electronics store for $541.25, which included tax.

If the tax rate is 8.25%, then we need to find  the price of the TV before they added the tax.​

541.25 x 8.25%

=541.25 x 8.25/ 100

= 44.49

Now, without the tax;

541.25 -44.49 = 496.76

Therefore, the price of the TV before they added the tax could be 496.76 dollars.

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