Question

A 45.00 purchase in Iowa totals 47.70 with tax and a 35.00 purchase in Tennessee titalsc37.45 with tax. Which store has a greater sales tax percentage. Explain

Answer 1

Answer:

$Tennessee \ at \ 7\%$

Step-by-step explanation:

First we calculate the tax rate in each state:

Iowa Tax Rate

$T_t=\frac{47.70-45}{45}\times100\%\\=6\%$

Tennessee Tax Rate,

$T_t=\frac{37.45-35}{35}\times100\%\\=7\%$

From our calculations it's clear than Tennessee has the highest tax rate of the two at 7% to Iowa's 6%

Hence Tennessee has a greater sales tax percentage.