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27 March, 00:38

Tina's Boutique has total receipts for the month of $32340 including sales taxes. If the sales tax rate is 5%, what are Tina's sales for the month? a. $30800 b. It cannot be determined. c. $32340 d. $30724

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  1. 27 March, 01:00
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    Sales tax = 5% x 32340 = $1,616

    Tina's sales for the month = $32,340 - $1,616 = $30,724

    The correct option is D

    Explanation: Since the total receipts include sales tax of 5%. We need to eliminate the sales tax from the total receipt so as to obtain Tina's sales for the month.
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Home » Business » Tina's Boutique has total receipts for the month of $32340 including sales taxes. If the sales tax rate is 5%, what are Tina's sales for the month? a. $30800 b. It cannot be determined. c. $32340 d. $30724
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