Problem
QUESTION 5 Solve the problem. A set of chairs costs \( \$ 296 \). The sales tax is \( \$ 11.84 \). What is the sales tax rate? \( 6 \% \) \( 4 \% \) \( 0.4 \% \) \( 5 \% \)
Solution
Step 1 ：\(\text{Tax} = \frac{\text{Sales Tax}}{\text{Cost}} \)
Step 2 ：\(\text{Tax} = \frac{11.84}{296} \)
Step 3 ：\(\text{Tax} = 0.04 \)
