Question

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Santino bought a book for $23.54. The price of the book was $22. What was the sales-tax rate?
О А. 0.07%
OB. 1.54%
OC. 7%
OD. 13%

Answer 1

To find the sales-tax rate, subtract the book's price from the amount Santino paid, then divide the difference by the book's price and multiply by 100 to get the rate. In this case, the sales-tax rate is approximately 7%.

Step-by-step explanation:

To find the sales-tax rate, you need to determine the difference between the amount paid for the book and the price of the book, which is the sales tax. In this case, the difference is $1.54 ($23.54 - $22). The sales-tax rate is then found by dividing the sales tax amount by the price of the book. Thus, the sales-tax rate is approximately 7% ((1.54/22) x 100).

Learn more about sales-tax rate