Question

Sunil receives a 20% discount on a concert ticket that cost $75. If she pays $3.30 in sales tax on the discounted ticket what is the sales tax rate

Answer 1

5.5%

Explanation:

Original cost of ticket: $75

Discount on ticket: 20% of $75 = 0.2 × $75 = $15

Actual discounted price of ticket: $75 - $15 = $60

Sales tax on $60: $3.30

percent = part/whole × 100%

percent = $3.30/$60 × 100%

percent = 5.5%