Question

Juan purchase before sales tax was added totaled 46.00 . The total including taxe was $48.76. What was the sales tax rate

Answer 1

6% sales tax rate

Answer 2

The sales tax rate is 6% .

Explanation:

As given Juan purchase before sales tax was added totaled 46.00 .

The total including taxe was $48.76.

Tax price = Total cost including tax - cost before sales tax

= $48.76 - $46.00

= $ 2.76

Formula

`Tax\ rate = (Tax\ price* 100)/(Cost\ before\ sales\ tax)`

As given

Here Tax price = $ 2.76

Cost before sales tax = $46.00

Put in the formula

`Tax\ rate = (2.76* 100)/(46)`

`Tax\ rate = (276)/(46)`

Tax rate = 6 %

Therefore the sales tax rate is 6% .