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Find the amount of tax rate. Round to the nearest hundredth of a percent Cost of item $102 selling price 113.08

Find the amount of tax rate. Round to the nearest hundredth of a percent Cost of item $102 selling price 113.08
asked 91.2k views
1 vote
Find the amount of tax rate. Round to the nearest hundredth of a percent Cost of item $102 selling price 113.08

asked
User Alex Spence
by
8.1k points

2 Answers

4 votes
The tax would be $11.08 out of $102.
answered
User Statwonk
by
8.1k points
5 votes
The tax would be $11.08 out of $102.
If I round the two numbers and then divided them by each other I would get
.11 cents tax per $1
answered
User Mdeora
by
7.2k points
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