Answer:
8%
Step-by-step explanation:
Let's say the tax percent was x%. Then, we can write the equation:
4.75 + x% * 4.75 = 5.13
Notice that both terms on the left have 4.75 so factor that out:
4.75 * (1 + x%) = 5.13
Divide both sides by 4.75:
1 + x% = 5.13/4.75 = 1.08
Subtract 1 from both sides:
x% = 0.08
Remember that % simply means "out of 100", so x% = x/100:
x/100 = 0.08
Multiply both sides by 100:
x = 8
Thus, the tax rate is 8%.
Hope this helps!
