Explain how much of this revenue was sales

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You are the owner of Cache, a chain of womens clothing boutiques. Your state has a sales tax of 6% and additional city tax of 1.5%. Each quarter you are responsible of making these tax deposits to the city and state. Last quarter your stores had a total revenue, including sales tax of $376,250.

How much of this revenue was sales and how much was sales tax?

Reference no: EM1357552

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