Question

What is the percentage tax charged if a calculator which cost $4000 is sold for $5000 after tax ?

Answer 1

25%

Explanation:

find the differences between original price $4000 and the altered price $5000.

$5000 - $4000 = $1000

to find the tax percent charged, take the difference price, divide by the original price and multiply with 100, ( to find percentage, it is a must to multiply with 100 ).

1000/4000 x 100

= 25%

so you will get 25 %