A dealer spent a total amount of $5250 for importing some cosmetics. If the total cost of the cosmetics was $5000 without tax, w
hat was the percentage of import tax?
1 answer:
Answer:
5%
Step-by-step explanation:
First, find the amount of tax:
5250 - 5000
= 250
Divide this by the original price of $5000 to find the percent of import tax:
250/5000
= 0.05
So, the percent of import tax is 5%
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