Question

1) Madison went shopping and spent $125 she paid $45 in Texas what was the sale tax rate (percent)

Answer 1

170

Explanation:

How the sales tax de-calculator works

Step 1: take the total price and divide it by one plus the tax rate.

Step 2: multiply the result from step one by the tax rate to get the dollars of tax.

Step 3: subtract the dollars of tax from step 2 from the total price.

Pre-Tax Price = TP – [(TP / (1 + r) x r]

TP = Total Price.