Problem

QUESTION 5 Solve the problem. A kitchen table costs \( \$ 640 \). The sales tax is \( \$ 44.80 \). What is the sales tax rate? \( 7 \% \) \( 9 \% \) \( 8 \% \) \( 0.7 \% \)

Solution

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 :\( \text{Sales Tax Rate} = 7\% \)

From Solvely APP
Source: https://solvelyapp.com/problems/41632/

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