Each state imposes its own excise tax on gasoline. Suppose, for example, that the state of Massachusetts imposes a state gasoline tax of $0.26 per gallon. Suppose further that an average of 1,022,000 gallons of gasoline per day were sold in Massachusetts in 2010. The average revenue from gasoline tax in 2010 is approximately?

Answer:

$265,720

Step-by-step explanation:

Given that:

State gasoline tax = $0.26 per gallon

Average number of gasoline sold per day = 1,022,000 gallons

. From the availabke information given :

Revenue generated = gasoline tax per gallon multiplied by the average number of gallons sold

= $0.26 * 1,022,000

= $265,720

3 0

3 years ago

In the following expression, n is a rational number: Which expression below is equivalent to this expression?

gogolik [260]

Answer:

none of them

Step-by-step explanation:

7 0

1 year ago

The price of a certain painting increased by 20% during the first year and decreased by 15% during the second year. The price of

Rina8888 [55]

Answer:

A.102%

Step-by-step explanation:

Let cost price of painting=$100

In first year price increased 20%

Then , the price= $100+100(0.20)=$ $120

In second year

Price decreased 15%

Then , the price of painting= $120-120(0.15)$

The price of painting=$102

Percent = $\frac{final\;price}{Initial\;price}\times 100$

By using this formula

Then, we get

Percent of the original price= $\frac{102}{100}\times 100$

Percent of the original price=102%

Option A is true.

8 0

3 years ago