Question

Suppose you bought something

that was priced at $6.95, and the
total bill was $7.61.
What is the sales tax rate in this
city?

Answer 1

Subtract to find the amount of tax paid then divide the amount of tax paid by the price of the item bought.

7.61 - 6.95 = 0.66 (amount of tax paid)

0.66/6.95 = 0.0949 x 100 = 9.49 %

Answer: 9.49 % (round off as needed)