If a retailer sells goods for a total price of €600, which includes an 11% sales tax, the amount of the sales tax is €59.46.

Question

Quizplus · Accepted Answer

To calculate the amount of sales tax included in a total price with a given tax rate, you can use the formula: tax amount = total price / (1 + tax rate). 
In this case, the tax rate is 11%, or 0.11 as a decimal. 
Substituting the values: tax amount = 600 / (1 + 0.11) = 59.46. Therefore, the statement is true.

If a Retailer Sells Goods for a Total Price of €600