Alfred Slide owns a toy store in which there is a state sales tax of 4%. For the week of December 9, sales were $154,000, and that included the 4% sales tax. Alfred would like a breakdown of actual sales as well as the amount of sales tax owed to the state. Can you help Alfred?

Question

Quizplus · Accepted Answer

$154,000 / 1.04 = $148,076.92 actual sales; $154,000 - $148,076.92 = $5,923.08 tax.

Alfred Slide Owns a Toy Store in Which There Is