Question

The selling price of an article becomes 27/25 times the listed price due to the inclusion of sales tax. find the rate sales tax.​

Answer 1

8%

Explanation:

If you subtract 1 times the original cost, the result is the tax rate:

27/25 - 1 = tax rate = (27 -25)/25 = 2/25 = 8/100 = 8%

The tax rate is 8%.