Problem

QUESTION 5
Solve the problem.
A set of chairs costs \( \$ 296 \). The sales tax is \( \$ 11.84 \). What is the sales tax rate?
\( 6 \% \)
\( 4 \% \)
\( 0.4 \% \)
\( 5 \% \)

Answer

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Answer

\(\text{Tax} = 0.04 \)

Steps

Step 1 ：\(\text{Tax} = \frac{\text{Sales Tax}}{\text{Cost}} \)

Step 2 ：\(\text{Tax} = \frac{11.84}{296} \)

Step 3 ：\(\text{Tax} = 0.04 \)

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