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Pencils sells for $5.00. What is the sales tax rate if the total cost of the pencils is $5.40?

Pencils sells for $5.00. What is the sales tax rate if the total cost of the pencils is $5.40?
asked 73.1k views
9 votes
Pencils sells for $5.00. What is the sales tax rate if the total cost of the pencils is $5.40?

asked
User Chility
by
7.9k points

1 Answer

1 vote

Answer:

8%

Explanation:

5 increase 8% =

5 × (1 + 8%) = 5 × (1 + 0.08) = 5.4

answered
User Benoit Catherinet
by
8.8k points
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