Tina's Boutique has total receipts for the month of $32340 including sales taxes. If the sales tax rate is 5%, what are Tina's s

Question

34kurt

4 years ago

6

Tina's Boutique has total receipts for the month of $32340 including sales taxes. If the sales tax rate is 5%, what are Tina's s

ales for the month? a. $30800 b. It cannot be determined. c. $32340 d. $30724

Business

1 answer:

slava [35] · Answer 1 · 2022-01-29T02:36:23+03:00

Answer:

Sales tax = 5% x 32340 = $1,616

Tina's sales for the month = $32,340 - $1,616 = $30,724

The correct option is D

Explanation: Since the total receipts include sales tax of 5%. We need to eliminate the sales tax from the total receipt so as to obtain Tina's sales for the month.