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A purchase cost 25.79 with tax of 1.29. What is the sales tax rate?

2 Answers

7 votes

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❖ The sales tax rate is 5%.

In order to get 5%, you divide 1/29 ÷ 25.79. Basically, dividing the x by the y.

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User Kappe
by
4.8k points
3 votes

Answer:

5% = sales tax rate

Explanation:

tax = original price * sales tax rate

We know the tax and the original price

1.29 = 25.79 * sales tax rate

Divide each side by 25.79

1.29/25.79 = 25.79/25.79 * sales tax rate

.0500 = sales tax rate

Change this to percent form by multiplying by 100

5% = sales tax rate

User Vishnu Shenoy
by
5.0k points