Question

If a shirt costs $40 and the amount of tax collected was $2 what is the sales tax rate?

Answer 1

tax rate = 2 / 40 = 1 /20 = 0.05 *100 = 5%

Explanation:

Answer 2

5%

Explanation:

To find the tax, we take the price times the tax rate

2 = 40* rate

Divide each side by 40

2/40 =rate

.05 = rate

Changing to percent form

5% = rate