Question

Item cost $490 before tax, and the sales tax is $24.50

Find the sales tax rate right your answer as a percentage


please help me :’)

Answer 1

Answer: 5%

Explanation:

Item Cost - $490

Tax - $24.50

Tax/Price = 24.50/490.00 = 0.05

0.05 *100 (for percent) = 5%

Check your work:

490.00*0.05 = 24.50