If a shirt costs $40 and the amount of tax collected was $2 what is the sales tax rate?
2 answers:
Answer:
5%
Step-by-step explanation:
To find the tax, we take the price times the tax rate
2 = 40* rate
Divide each side by 40
2/40 =rate
.05 = rate
Changing to percent form
5% = rate
Answer:
tax rate = 2 / 40 = 1 /20 = 0.05 *100 = 5%
Step-by-step explanation:
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