Question

A new plasma-screen television has purchase price of 4980 if sales tax on this purchase is 398.40 find the sales tax rate

Answer 1

8%

Explanation:

What % is 398.40 of 4980 (x/100 = is/of)

x/100 = 398.49/4980 (cross multiplication)

(398.40 * 100) / 4980 = 8

Answer 2

12.5 Percent.

Explanation: