SOLUTION: A shop owner starts with $100 in the cash register at the beginning of the day and ends with $690.42. If the sales tax is 6%, how much should she send in for taxes?
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Question 951317: A shop owner starts with $100 in the cash register at the beginning of the day and ends with $690.42. If the sales tax is 6%, how much should she send in for taxes? Answer by macston(5194) (Show Source):
You can put this solution on YOUR website! $690.42-$100.00=$590.42 Total sales and tax
$590.42/1.06=$557 Total sales minus tax
$590.42-$557=$33.42 Tax
ANSWER: She should send in $33.42 for taxes.
CHECK:
6% tax on $557
(0.06)($557)=$33.42 Tax
$557+$33.42=$590.42 Total sales and tax
