contestada

A bakery has total receipts for the month of $24,150 including sales taxes. if the sales tax rate is 5%, what are the bakery's sales for the month?
a.$24,000
b.$23,000
c.$23,100
d.$22,943

Respuesta :

madfarha
the answer would be B) $23,000

Option B= $23000 is the answer.

Explanation:

Let the bakery's sales for the month be represented by = x

As given, the bakery has total receipts for the month = $24150

Rate of sales tax = 5%

This implies that total monthly sales(x) + sales tax on 'x' = 24150

[tex]x+\frac{5x}{100}=24150[/tex]

[tex]x+0.05x=24150[/tex]

[tex]1.05x=24150[/tex]

x=23000

Hence, the bakery's sale for the month is $23,000