Answer: $617,500
Step-by-step explanation:
We are given that , In January of 2006,the hotel/motel sales tax in Lafayette were 130% of the hotel/motel sales tax in January of 2005.
i.e. Hotel/motel sales tax in January 2006 = 1.3 x (Hotel/motel sales tax in January of 2005) (1)
[130% = 1.3 (By dividing it by 100 for converting it from percent to decimal )]
The hotel/motel sales tax in January of 2005 were $475,000.
Put this value in (1) , we get
Hotel/motel sales tax in January 2006 = 1.3 x ($475,000)
Hotel/motel sales tax in January 2006 = $617,500
Therefore , the hotel/motel sales tax in January of 2006 = $617,500
