You are the owner of Caché, a chain of women's clothing boutiques. Your state has a sales tax of 7%, and your city has an additional sales tax of 1.5%. Each quarter you are responsible for making these tax deposits to the city and state. Last quarter your stores had total revenue, including sales tax, of $271,250. (a) How much of this revenue was sales (in $) and how much was sales tax (in $)? sales$ sales tax$ (b) How much sales tax (in $) should be sent to the city? $ (c) How much sales tax (in $) should be sent to the state? $

You are the owner of Caché, a chain of women's clothing boutiques. Your state has a sales tax of 7%, and your city has an additional sales tax of 1.5%. Each quarter you are responsible for making these tax deposits to the city and state. Last quarter your stores had total revenue, including sales tax, of $271,250. (a) How much of this revenue was sales (in $) and how much was sales tax (in $)? sales$ sales tax$ (b) How much sales tax (in $) should be sent to the city? $ (c) How much sales tax (in $) should be sent to the state? $

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Question

(a)

How much of this revenue was sales (in $) and how much was sales tax (in $)?

sales$ sales tax$

(b)

How much sales tax (in $) should be sent to the city?

(c)

How much sales tax (in $) should be sent to the state?

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