Question

Karen paid $43.70 for a book. The price of the book was $40. What was the sales tax rate?

Answer 1

Explanation:

Select the correct answer.

Karen paid $43.70 for a book. The price of the book was $40. What was the sales tax rate?

A.

8.48%

B.

9.25%

C.

10.78%

9.25 is correct

Answer 2

Price before tax = $40

Price after tax = $43.70

Sales Tax = $43.70 = $40 = $3.70

Sales Tax Rate = 3.70/40 x 100 = 9.25%

Answer: 9.25%