SOLUTION: Solve the problem by stating the equation you would use to solve and then solving it. Be sure to show all of your work. Midtown Antiques collects 5% sales tax on all sales. If to

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: Solve the problem by stating the equation you would use to solve and then solving it. Be sure to show all of your work. Midtown Antiques collects 5% sales tax on all sales. If to      Log On


   

Question 380447: Solve the problem by stating the equation you would use to solve and then solving it. Be sure to show all of your work.
Midtown Antiques collects 5% sales tax on all sales. If total sales including tax are $1568.14, find the portion that is sales tax. Round to the nearest cent


Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
1568.14/1.05=1493.47
1568.14-1493.47=74.67