Question

Johnny sold crafts at a show. His prices included .07 sales tax. Johnny grossed $1236.00. What was johnny's taxable amount?

Answer 1

The taxable amount was $80.86

Step-by-step explanation:

Given,

Sales tax = .07

Total grossed = $1236.00

Let,

x be the price before sales tax, therefore,

Amount of sales tax = 0.07x

Price before sales tax + Sales tax = Total amount grossed

x+0.07x = 1236

1.07x=1236

Dividing both sides by 1.07

$\frac{1.07x}{1.07}=\frac{1236}{1.07}\\x=1155.14$

Taxable amount = Total amount grossed - Price before tax

Taxable amount = 1236 - 1155.14 = $80.86

The taxable amount was $80.86

Keywords: subtraction, addition

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