Question

While looking at report, a store manager note's that carousel horses retail for $800 end up costing $818 once the sale tax is added, What is the sales tax percantages?

Answer 1

To find the sales tax percentage, subtract the original price from the final price (including tax) and divide by the original price. In this case, the sales tax percentage is 2.25%

Step-by-step explanation:

To find the sales tax percentage, we can subtract the original price from the final price (including tax) and divide that by the original price. In this case:

Final Price = $818

Original Price = $800

• Sales Tax = Final Price - Original Price = $818 - $800 = $18
• Sales Tax Percentage = (Sales Tax / Original Price) * 100
• Sales Tax Percentage = ($18 / $800) * 100 = 2.25%