Question

You plan to buy $12,000 in computers at a local chain store. There are two stores located about the same distance from your office but in different cities with different tax rates. One city has a tax rate of 7% and the other has a tax rate of 8.5%.
Select the best answer
What percent can you save by going with the lower tax rate? Round your answer to the nearest tenth of a percent, if necessary.

0.75%
1.25%
1.4%
1.5%

Answer 1

the last one is the correct answer

how I did this is i did 8.5-7=1.5