If the tax on a television is $6.15 and the state sales tax is 3%, what is the list price? [Archive] - Urban Music 2000 Forums

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Tam

06-02-2009, 09:20 PM

bassoonuba

06-02-2009, 09:23 PM

6.15 x 1.03 = 6.33

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Rich

06-02-2009, 09:25 PM

If tax is 6.15, you divde by 1.03 to get original price = 5.97

That's one cheap TV

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josh

06-02-2009, 09:29 PM

$250

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BuddyL

06-02-2009, 09:34 PM

Where the heck do these people get 1.03? If the tax is the sales price multiplied by 3%, then the sales price would be the tax divided by 3%. However, 3% is expressed as .03, NOT 1.03! That would be 103%, and a pretty ridiculous tax rate! My figures show $205.00.

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