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I will cry if someone helps! :( The sales tax on a $25,000 car is $1375. What is the sales tax rate?

2 Answers

1 vote

Answer:

5.5%

Explanation:

The tax rate is a percentage multiplied by the product's cost.

Here, that can be shone like this (t = tax):

25000 * t = 1375

To solve, we can divide 25000:

t = 0.055

As a percentage, the decimal point moves two points to the right, resulting in 5.5%.

User Urmil Jindal
by
8.8k points
3 votes

Answer:

Sales tax rate is 5.5%

Explanation:

The price of the car = $25,000

Sales tax on the car is = $1,375

We will calculate the sales tax rate of the car.

Sales tax rate =
(1,375)/(25,000)* 100

= 0.055 × 100

= 5.5%

The sales tax rate is 5.5%

User Thoughtpunch
by
8.9k points