SOLUTION: Midtown Antiques collects 6% sales tax on all sales. If total sales including tax are $2300.14, find the portion that is sales tax. Round to the nearest cent.
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Question 380248: Midtown Antiques collects 6% sales tax on all sales. If total sales including tax are $2300.14, find the portion that is sales tax. Round to the nearest cent. Answer by stanbon(75887) (Show Source):
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Midtown Antiques collects 6% sales tax on all sales. If total sales including tax are $2300.14, find the portion that is sales tax. Round to the nearest cent.
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Let the sales be "x".
1.06x = 2300.14
x = $2169.94
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sales tax = 0.06(2169.94) = $130.20
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Cheers,
Stan H.
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