Question

An item cost $480 before tax , and tge sales tax is $9.60

Answer 1

Answer:

0.02 ; 2%

Step-by-step explanation:

Given :

Cost of item = $480

Tax amount on item = $9.60

The sales tax rate = tax amount on item / cost of item

Sales tax rate = $9.60 / $480 = 0.02

As a percentage :

0.02 * 100% = 2%