Question

Lisa's store collects 5% sales tax on every item sold if she collected $22.00 in sales tax what was the cost of the items in her store sold

Answer 1

To find the cost of the items in Lisa's store sold, we need to divide the amount of sales tax collected by the sales tax rate.

Sales tax rate = 5% = 0.05
Sales tax collected = $22.00

Let x be the cost of the items in Lisa's store sold.
0.05x = $22.00

To solve for x, divide both sides of the equation by 0.05:
x = $22.00 / 0.05 = $440.00

The cost of the items in Lisa's store sold is $440.00.