Question

A Notebook cost $5.50 plus sales tax after sale tax the notebook is $5.83 what is the sale tax rate?

Answer 1

6%

Explanation:

5.83 - 5.50 = .33 sales tax

Sales price x sales tax rate - sales tax

5.50 x sales tax rate = .33

sales tax rate = .33/5.50

sales tax rate = .06 or 6%

Answer 2

$5.83-$5.50

=$0.33 tax rate charged