SmartGold SmartGold
  • 18-12-2014
  • Mathematics
Answered

The sales tax on a $350 computer is $22.75. Find the sales tax rate.



Answer :

Jal Jal
  • 18-12-2014
To find the tax rate when given the initial price of an object and the final tax value, you use the equation: $350 * X = $22.75 (where X is the sales tax rate). Then solve:
$22.75/$350 = .065

So the rate is 6.5%

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