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mariarad [96]
3 years ago
14

Santino bought a book for $23.54 the price of the book was $22. what was the sales tax rate

Business
1 answer:
notka56 [123]3 years ago
3 0
Hi there! The answer is 7%

The price of the book is $ 22.
Santino bought it for $ 23.54.
Therefore, the amount of tax is $ 1.54

Now we can find the sales tax rate by using the following formula:
tax \: rate = \frac{tax}{price \: excluding \: tax} \times 100\%

Filling in gives:
tax \: rate \: = \frac{1.54}{22} \times 100\% = 7\%
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