bart owns a neighborhood kwik-e-mart. at the end of the day on wednesday he counted total receipts in his story of $8399.70. If the sales tax is on food items is 2%, how much merchandise mart sale on wednesday? How much sales tax did he collect
Mathematics · Middle School · Tue Nov 03 2020
Answered on
Given the statement:
Bart owns a neighborhood kwik-e-mart. at the end of the day on wednesday he counted total receipts in his story of $8399.70.
Determine how much is the total sale and sales tax that Bart collected if the sales tax is 2%
Solution:
In order to do so, we must simply convert first the percentage to decimal. In converting a percentage into decimal, divide the percentage by 100, hence in converting a decimal to percentage, multiply the percentage by 100.
= 2/100
= 0.02
Now we need to multiply 0.02 by the total sale.
= (0.02)($8399.70)
Sales tax = $168
Total sale without tax = $8399.70 - $168
Total sale without tax = $8231.7
Final answer:
Sales tax = $168
Total sale without tax = $8231.7