Question

At a dinner, the meal cost $22 and a sales tax of $1.87 was added to the bill.

What is the tax rate for meals in this city? (answer should be in decimal form)

Answer 1

The tax rate for meals in the city is calculated by dividing the sales tax ($1.87) by the cost of the meal ($22) and then multiplying by 100 to convert to a percentage, resulting in a tax rate of 0.085, or 8.5%.

Step-by-step explanation:

To find the tax rate for meals in this city, you need to divide the amount of sales tax by the total cost of the meal before tax, and then convert it to a percentage by multiplying by 100. The formula for calculating tax rate is:

Tax Rate = (Sales Tax ÷ Meal Cost) × 100

Using the numbers provided, the sales tax is $1.87 and the meal cost is $22. Thus:

Tax Rate = ($1.87 ÷ $22) × 100

When you do the math:

Tax Rate = 0.085 × 100

Tax Rate = 8.5%

To express the tax rate as a decimal, you simply divide by 100:

Tax Rate (in decimal) = 0.085

This means the tax rate for meals in this city is 0.085, or 8.5% when expressed as a percentage.