Question

Marcus took her client out for dinner that costs $157.75 before taxes. If she paid $7.89 on the meal , calculate the tax rate

Answer 1

5%

Explanation:

A tax is a compulsory sum levied by the government or an agency of the government on goods and services. Taxes raises the price of products

Tax rate is the percentage a person pays as tax

tax rate =
`(tax paid)/(cost of the dinner)` × 100

`(7.89)/(157.75)` × 100 = 5%

She paid a tax rate of 5% on the dinner