Julie's Boutique has total receipts for the month of $39,060 including sales taxes. If the sales tax rate is 5%, what are Julie's sales for the month?

Question

Quizplus · Accepted Answer

Let's call the sales for the month "x". 
The sales tax is 5% of x, which means it is 0.05x. 
The total receipts including sales taxes is $39,060, so we can set up the equation: 
x + 0.05x = $39,060 
Simplifying: 
1.05x = $39,060 
Dividing both sides by 1.05: 
x = $37,200 
Therefore, the sales for the month are $37,200, which is answer B.

Julie's Boutique Has Total Receipts for the Month of $39,060