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A hardcover book sells for $24 at the bookmart. Ben pays a total of $25.02 for the book. What is the sales tax rate?
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A hardcover book sells for $24 at the bookmart. Ben pays a total of $25.02 for the book. What is the sales tax rate?

User Jmohr
by
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1 Answer

7 votes
Increase in price = $25.02 - $24.00

= $1.02

Tax rate =
(1.02)/(24.00)

Tax rate = 0.0425

0.0425 = 4.25%

User Rikard
by
7.9k points
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