Question

A T-shirt that costs $14 without tax costs $14.98 with tax. What is the sales tax percent?

Answer 1

7%

Explanation:

t-shirt cost = $14

total cost = $ 14.98

sales tax = ?

To find sale tax:

(t-shirt cost) + (sales tax) = (total cost)

14 + sales tax = 14.98

sales tax = 14.98 - 14

sales tax = $0.98

What percent is the sales tax?

let the sales tax percent be t%.

14 of t% = 0.98

14 * t/100 = .98

14 t= .98* 100

t = 98/14

t = 7

Answer 2

The correct answer is 7%.

Explanation:

The first thing we should do in this exercise is to analyze the information we have.

We know that the price of a T-shirt was $ 14, but with taxes it was $ 14.98.

What we should do in this case is a cross multiplication where:

$ 14 --------- 100%

$ 14.98 ------- x

14.x = 100. 14,98

14x = 1498

x = 1498 : 14

x = 107%

With the surplus of 100% being 7, we obtain the final result.