Question

A blazer cost $38 and you pay $39.90. how much is the sales tax rate

Answer 1

To find the percentage, you divide the new price ($39.90) by the original price ($38), and the multiply it by 100 to change the answer from a decimal to a percentage:

39.90 / 38 x 100 = 105

So 39.90 is 105% of 38

To get our final answer, subtract this by 100%

105 - 100 = 5%

ANSWER: So the percentage increase of the price is 5%  ($1.90)