Question

A certain car costs $11,595 before taxes are added. Taxes are $860 and license tags cost $95. What is the overall tax rate (to the nearest tenth)?

0.8%


7.4%


8.2%


12.1%

Answer 1

8.2%

Explanation:

o-ware

Answer 2

For this case the total taxes are given by:

`860 + 95 = 955`
Then, we can make the following rule of three:
11595 ---------> 100%
955 ------------> x
From here, we clear the value of x.
We have then:

`x = (955/11595) * (100)`
x = 8.2%
Answer:
The overall tax rate (to the nearest tenth) is:
8.2%