QUESTION 5
Solve the problem.
A kitchen table costs \( \$ 640 \). The sales tax is \( \$ 44.80 \). What is the sales tax rate?
\( 7 \% \)
\( 9 \% \)
\( 8 \% \)
\( 0.7 \% \)
\( \text{Sales Tax Rate} = 7\% \)
Step 1 :\( \text{Sales Tax Rate} = \frac{\text{Sales Tax}}{\text{Cost of Table}} \times 100 \)
Step 2 :\( \text{Sales Tax Rate} = \frac{44.80}{640} \times 100 \)
Step 3 :\( \text{Sales Tax Rate} = 7\% \)