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MAXImum [283]
2 years ago
13

There are federal excise taxes on the retail price when purchasing fishing equipment. the taxes are intended to help pay for par

ks and conservation. what is the federal excise tax rate if there is an excise tax of $17.50 on a fishing rod and reel that has a retail price of $175?
Mathematics
1 answer:
Marizza181 [45]2 years ago
8 0

Using proportions, it is found that the federal tax rate is of 10%.

<h3>What is a proportion?</h3>

A proportion is a fraction of a total amount, and the measures are related using a rule of three.

The tax rate is the <u>proportion that $17.50 is of $175</u>, hence:

r = 17.50/175 = 0.1 = 10%.

The federal tax rate is of 10%.

More can be learned about proportions at brainly.com/question/24372153

#SPJ1

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4 years ago
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Shtirlitz [24]
In this question it is given that the promoter first purchased 2 3/4 of ads at first. When one of the concerts got cancelled, then the promoter cancels 1 5/8 pages of ads. It is required to be found the number of pages the promoter is using finally.
Number of pages bought by the concert promoter initially = 2 3/4
                                                                                             = 11/4 pages
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Then the total number of pages finally used by the promoter = (11/4) - (13/8)
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So the total amount of space used for ads by the concert promoter is 3 7/8 pages.
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