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The retail price of a new iPhone is $850. Jailyn purchased the phone for $896.75. What was the tax rate as a percentage?
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Mar 7, 2023
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The retail price of a new iPhone is $850. Jailyn purchased the phone for $896.75. What was the tax rate as a percentage?
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PierreN
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The tax rate is 5.5%
Explanation
$(896.75-850) = 46.75
(46.75/850) x 100 = 5.5%
Hope that helps :)
Hnh
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Mar 14, 2023
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