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Percy paid $24.10 for a basketball. The price of the basketball was $22.99. What was the sales tax rate?

asked
User TarekB
by
8.3k points

2 Answers

4 votes

Answer:

4.80%

Explanation:

answered
User UserInThisWorld
by
8.5k points
3 votes
First, determine the difference between the amount Percy paid and the price of the basketball. That is, $24.10 - $22.99 = $1.11. Divide this value by the price of the basketball and multiply the quotient by 100% to get the tax rate.
($1.11 / $22.99) x 100% = 4.8%
Thus, the sales tax is approximately equal to 4.8%.
answered
User Osman Khalid
by
8.6k points

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