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Price before Sales Tax Tom paid \(1,166.40for a new refrigerator, including \)86.40tax. What was the price of the refrigerator?

Short Answer

Expert verified

The price of the refrigerator is,$1,080.

Step by step solution

01

Step1.Given that,

Tax price is, $86.40.

The price of new refrigerator is, $1,166.40.

We need to find the price of the refrigerator.

Let the price of the refrigerator be $x.

The formula used in this problem is,

Price of new refrigerator-Tax price=Price of refrigerator.

02

Step2.Substitute the known values in the formula.

1166.40-86.40=x.

Solve the above equation.

x=1166.40-86.40x=1080

03

Step3.Let us check the answer.

1080=1166.40-86.401080=1080

which is true.

Therefore, the price of refrigerator is,$1080.

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