Question

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?

Answer 1

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`