Question

Midtown Antiques collects 2% sales tax on all sales. If total sales including tax are $1161.87 find the portion that is the tax amount.

Answer 1

t = 1161.87 - (1161.87 / 1.02)

Answer 2

let x = original cost

1.02x = 1161.87

Calculate x, subtract from 1161.87.