Monique's Boutique has total receipts for the month of May of €30,250 including sales taxes. If the sales tax rate is 10%, what amount of sales revenue did the boutique earn in May (rounded to the nearest €)?

Question

Quizplus · Accepted Answer

To find out the amount of sales revenue earned by the boutique in May, we need to first remove the sales tax from the total receipts. 
Sales tax = 10% of total receipts = 0.1 x €30,250 = €3,025 
Sales revenue = Total receipts - Sales tax 
= €30,250 - €3,025 
= €27,225 (rounded to the nearest €) 
Therefore, the best choice is C.

Monique's Boutique Has Total Receipts for the Month of May