Problema Solution
A used car costs
$8380
before sales tax. Paige pays
$9008.50
for the used car, including tax. What is the tax rate where Paige lives?
Answer provided by our tutors
The tax rate is:
(9008.50 - 8380)/8380 = 0.075 or 7.5%
A used car costs
$8380
before sales tax. Paige pays
$9008.50
for the used car, including tax. What is the tax rate where Paige lives?
The tax rate is:
(9008.50 - 8380)/8380 = 0.075 or 7.5%