[camerondg]

Here is the problem:
A retail company must file a monthly sales tax report listing the sales for the month and the amount of sales tax collected. Write a program that asks for the month, the year, and the total amount collected at the cash registar(that is, sales plus sales tax). Assume the state sales tax is 4 percent and the county sales tax is 2 percent.

If the total amount collected is known and the total sales tax is 6 percent, the amount of product sales may be calculated as

s=t/1.06

where "s" is the product sales and "t" is the total income(product sales plus sales tax).
The program should display a report similar to the following:
Month: March 2008
---------------------
Total Collected: $ 26572.89
Sales: $ 25068.76
County Sales Tax: $ 501.38
State Sales Tax: $ 1002.75
Total Sales Tax: $ 1504.13


My problem is, how did the come up with the state sales tax? that is the one equation the has me stumped.

[jwwicks]

Hello,

sales * 0.04

Jw

camerondg, on 22 Oct, 2009 - 12:09 PM, said:

Here is the problem:
A retail company must file a monthly sales tax report listing the sales for the month and the amount of sales tax collected. Write a program that asks for the month, the year, and the total amount collected at the cash registar(that is, sales plus sales tax). Assume the state sales tax is 4 percent and the county sales tax is 2 percent.

If the total amount collected is known and the total sales tax is 6 percent, the amount of product sales may be calculated as

s=t/1.06

where "s" is the product sales and "t" is the total income(product sales plus sales tax).
The program should display a report similar to the following:
Month: March 2008
---------------------
Total Collected: $ 26572.89
Sales: $ 25068.76
County Sales Tax: $ 501.38
State Sales Tax: $ 1002.75
Total Sales Tax: $ 1504.13


My problem is, how did the come up with the state sales tax? that is the one equation the has me stumped.

[redhotfire0]

Use 1.04 * sale; do not have to the add the number being multiplied.