# Math

posted by .

Midtown Antiques collects 4% sales tax on all sales. If total sales including tax are \$1058.30, find the portion that is the tax. Round your answer to the nearest cent.

A)\$40.70
B)\$42.33
C)\$1017.60
D)\$30.70
E) none of the above

• Math -

4% of 1058.3 = B)

• Math -

The \$1058.30 includes the 4% tax so it is really 1.04 of the the cost.
Cost = 1058.30/1.04 = 1017.60

So the sales were \$1017.60 and the tax was \$40.70

Check: tax on \$1017.60 = .04(1017.60) = \$40.70
for a total of \$1017.60 + \$40.70 = \$1058.30

## Similar Questions

1. ### Math

please check my answer thanks :) The sales tax is 7% The purchase including sales tax is \$676.24 what was tha total amount of sales tax ?
2. ### math (ugh)

Jermaine had dinner at his favorite restaurant. It the sales tax rate is 4% & the sales tax on the meal was \$1.25, what was the total cost of the meal, including sales tax and a 15% tip
3. ### Computer Science

Design a program that will ask the user to enter the amount of a purchase. The program should the compute the state and county sales tax. Assume the state sales tax is 4 percent and the county sales tax is 2 percent. The program should …
4. ### math

A group of friends went to lunch. The bill, before sales tax and tip, was \$37.50 . A sales tax of 8% was added. The group then tipped 18% on the amount after the sales tax was added. What was the amount, in dollars, of the sales tax?
5. ### programming

a sales report. Each record in the file contains a customer's number and name, a sales amount and a tax code. The tax code is to be applied to the sales amount to determine the sales tax due for that sale, as follows: Tax code Sales …

State sales tax is based on retail price. An item that sells for \$115.99 has a sales tax of \$8.12. Find a mathematical model that gives the amount of sales tax y in terms of the retail price x. (Round the coefficient to two decimal …
7. ### programming

Design a program and write program that will read a file of sales records and produce a sales report. Each record in the file contains a customer's number and name, a sales amount and a tax code. The tax code is to be applied to the …
8. ### Programming c++

a sales report. Each record in the file contains a customer's number and name, a sales amount and a tax code. The tax code is to be applied to the sales amount to determine the sales tax due for that sale, as follows: Tax code Sales …
9. ### math

You find a sales receipt from a store that shows the total price as \$40, and the total amount paid including sales tax as \$42. a. Write an equation you can use to find the sales tax rate which is r. what is the equation so I tried …
10. ### Gedeon

You find a sales receipt from a store that shows the total price as \$40, and the total amount paid including sales tax as \$42. a. Write an equation you can use to find the sales tax rate r.

More Similar Questions