Question

Extra points

Dennis bought a book for $12.95, and his total bill was $13.92. What was the sale tax rate that was applied to his purchase?

Thanks

Answer 1

Sale tax rate = 7.5%

Explanation:

The book cost $12.95

If you take 12.95 x 0.075 = 0.97125

Round the answerto the hundredth (0.97)

Add the tax, 12.95 + 0.97 = 13.92