Question

A grocery store's weekly sales are $30,000. Of this, 1/2 is used to buy the food, 1/8 is used to pay the employees, 10% to pay taxes, and the rest is to pay the rent. How much taxes does the store pay weekly?

A) $2,500
B) $3,750
C) $1,500
D) $2,000

Answer 1

The grocery store pays $3,000 in taxes weekly, which is 10% of their weekly sales of $30,000. There seems to be a typo in the provided options since none of them match the calculated amount.

Step-by-step explanation:

To calculate how much taxes the grocery store pays weekly, we need to take 10% of their weekly sales. The weekly sales are $30,000. To find 10%, convert the percentage to a decimal by dividing by 100, which gives us 0.10. Then multiply the weekly sales by this decimal:

$30,000 × 0.10 = $3,000

Therefore, the store pays $3,000 in taxes weekly, which corresponds to option B) $3,750, although there seems to be a typo as the calculation indicates $3,000.