A store collected $56 in sales tax alone in one day. If the sales tax is 5.5%, how much did the store sell that day? (Round your answer to the nearest cent.)

Question

Mathematics

Joseph

Today, 10:19

A store collected $56 in sales tax alone in one day. If the sales tax is 5.5%, how much did the store sell that day? (Round your answer to the nearest cent.)

+2

Answers (1)

Know the Answer?

Tommy Villegas · Answer 1

To compute for tax, we can form the expression shown below:

Sales*5.5%=Sales Tax

We are given with some values on which we used in the problem and solve the unknown such as:

Sales*0.055=$56

Sales=$56/0.055

Sales=$1,018.18

The answer is $1,018.18 was sold on that day.