A jacket costs $34.85 plus sales tax. After sales tax, the jacket costs $37.29. What is the approximate sales tax rate? 0.07% 1.07% 7% 70%

Question

asked Jun 14, 2021 50.6k views

2 Answers

Jorn Van Dijk · Answer 1 · 2021-06-20T03:34:58+0000

Equation:

37.29 = 34.85 + 34.85(x)

Solving:

37.29 = 34.85 + 34.85x

2.44 = 34.85x

x = 0.07

The approximate sales tax rate is 7%.

Hope this helps!! :)