Answer:
The sales tax included in the sale of the car is 15.76%.
Step-by-step explanation:
Given that the MSRP of the car bought by Nancy Boone is $ 27,853, and the total cost of the car was $ 32,591.22, including sales tax, plus a dealer prep charge of $ 278.50 and a title fee of $ 25, to find out the percentage of sales tax ( which does not include the title fee) it is necessary to perform the following calculation:
32,591.22 - 25 = 32,566.22
27,853 + 278.5 = 100
32,566.22 = X
28,131.5 = 100
32,566.22 = X
(32,566.22 x 100) / 28,131.5 = X
3,256,622 / 28,131.5 = X
115.76 = X
115.76 - 100 = 15.76
Thus, the sales tax included in the sale of the car is 15.76%.
