Question

Luke went to Best Buy and bought a Sphero Mini. The sphero cost $49.99 if he paid

a total of $53.99, what is the tax rate?

Answer 1

The tax rate is 8% .

Explanation:

Here we have , Luke went to Best Buy and bought a Sphero Mini. The Sphero cost $49.99 if he paid a total of $53.99, We need to find what is the tax rate. Let's find out:

Let tax rate be x% in the Sphero cost $49.99 . Now , Amount of tax paid is given by :

⇒
`(49.99(x))/(100)`

According to question , Amount of tax paid is given by :

⇒
`53.99-49.99`

⇒
`4`

Equating both we get :

⇒
`(49.99(x))/(100) = 4`

⇒
`x= (4(100))/(49.99)`

⇒
`x= 8`%

Therefore , The tax rate is 8% .