Question

An item $4 before tax and 4.32 after sales tax what is the sales tax rate

Answer 1

8 %

Explanation:

To find the tax rate, we first have to find the tax

4.32 - 4 = .32

The tax rate is found by the tax / total

.32 /4 =.08

To change this to a percent multiply by 100

.08 * 100% = 8 %