Problema Solution
Peter collects 5% sales tax on everything he sells in his store. He collected $281 one day. What was the amount of sales that day not including tax?
Answer provided by our tutors
let x = the amount of sales that day not including tax
5% of x is $281
0.05x = 281
by solving we find:
x = $5,620
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the amount of sales that day not including tax is $5,620.