Question

Mr. Jeffreys paid $19.16 for fishing reel and rod. This amount includes a tax of 4%. What was the cost of the real and rod before tax?

Answer 1

Answer:

$18.42

Step-by-step explanation:

Given:

Cost of fishing reel and rod including tax = $19.16

Sales tax = 4%

Let the cost of the reel and rod before tax be 'x'.

Therefore, the cost after tax is equal to the cost before tax plus the taxed price on the original cost.

Framing in equation form, we get:

$x+4\%\ of\ x=19.16$

Simplifying the above equation by converting the percentage into decimal, we get:

$x+0.04x=19.16\\\\1.04x=19.16\\\\x=\frac{19.16}{1.04}\\\\x=\ 18.42$

Therefore, the cost of the fishing reel and rod before tax is $18.42.