SOLUTION: $422.55 was deposited into the business' account. The amount of sales tax owed on this money is 6.5% What is the "amount of sales" not including tax that should be reported.

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: $422.55 was deposited into the business' account. The amount of sales tax owed on this money is 6.5% What is the "amount of sales" not including tax that should be reported.      Log On

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Question 402659: $422.55 was deposited into the business' account. The amount of sales tax owed on this money is 6.5% What is the "amount of sales" not including tax that should be reported.
Answer by sofiyac(983) About Me  (Show Source):
You can put this solution on YOUR website!
so 100%-6.5% will be 93.5%
so the amount of sales would be 93.5% of the total number. In order to convert % into number we divide % by 100
422.55%2A93.5%2F100=395.08