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Assume the state of Alaska placed a tax on playing cards of 5 cents per pack. If the state generated $55500 in revenue, how many packs of cards were sold?
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39 votes
Assume the state of Alaska placed a tax on playing cards of 5 cents per pack. If the state generated $55500 in revenue, how many packs of cards were sold?

User Trevor Powell
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1 Answer

11 votes
11 votes

Answer:

The right solution is "1,110,000 units".

Step-by-step explanation:

Given:

Tax revenue,

= $55500

Tax per good,

= 5 cents

As we know,

⇒
Tax \ revenue=Tax \ per \ good* goods

By substituting the values, we get


55500=0.05* Q


Q=(55500)/(0.05)


=1,110,000 \ units

User Geinmachi
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