Sales tax rate for the above sweater is charged at the rate of 8%
Explanation:
Sweater’s cost initially- 28$
Cost of Sweater after 30.24$
Sales tax rate deducted?
Analysing the above-provided details we conclude that an increase in the cost was probably due to the addition of sale tax.
Sales tax charged= Cost of the sweater after charging- initial cost
= 30.24$-28$
=2.24$
Percentage of sales tax charged= (sales tax charged/initial cost) *100
Substituting the values of the sales tax and initial cost in the above-provided equation-
= (2.24/28) *100
=8%
Hence the Sales tax charged at the sweater was 8%