Question

The retail price of a computer was $1652. Jaqui paid $1759.38 for the computer, including tax. What was the tax rate?

Answer 1

Since Jacqui paid $1759.38 while the retail price was $1652, we can calculate how much additional money did she paid like this:

$1759 .38- $1652 = $107 .38

These $107 are the costs associated with the tax.

The tax rate would be the tax divided by the retail price multiplied by 100:

`rate=(107.38)/(1759.38)*100=6.11`

Then,