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If the price of a sweater is $24.99 without tax and $26.99 with tax, what is the tax rate?

If the price of a sweater is $24.99 without tax and $26.99 with tax, what is the tax rate?
10.7k views
4 votes
If the price of a sweater is $24.99

without tax and $26.99
with tax, what is the tax rate?

User Pankaj Jaju
by
7.5k points

1 Answer

7 votes

Answer:

tax rate: [(26,99-24,99)/24,99]*100=8,0032012..=8%

Explanation:

User Kavya Saraboju
by
8.2k points
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