Marianne spent $116.56 at the cosmetic counter in a department store. Included in the price is 5.5% sales tax. What is the selling price of the cosmetics she purchased?
A) $122.91
B) $115.25
C) $111.09
D) $110.48

Question

Quizplus · Accepted Answer

The selling price of the cosmetics is $110.48. To calculate this, we can use the formula: Selling price = Price before tax / (1 - Tax rate). In this case, the price before tax is $116.56 and the tax rate is 5.5%, or 0.055. So, the selling price is $116.56 / (1 - 0.055) = $110.48.

Marianne Spent $116