Problema Solution

The cash register in a candy shop contains $66 at the beginning of the day. At the end of the day, it contains $732.50. If the sales tax rate is 7.5%, how much of the total is sales tax?

Answer provided by our tutors

let x = the profit for the day


x + 0.075x = 732.50 - 66


by solving we find


x = $620


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0.075*620 = $46.5


$46.5 are sales tax.