Question

A total sales amount of $400000 that included a 6% sales tax yields actual sales of

Answer 1

the correct answer is

$377,358.49

Explanation:

price + price * tax = total

price + price * 6% = $400,000

price + price * 0.06 = $400,000

price * 1.06 = $400,000

price = $400,000 / 1.06

price = $377,358.49

good luck ❤

Answer 2

Explanation:

Actual Sales + 6% of Actual Sales = 400000

Actual Sales( 1 + 6/100) = 400000

Actual Sales * 106/100 = 400000

Actual Sales = 400000 * 100/106 = $ 377358.49