Problema Solution

a mirror has a purchase price of $36. If the sales tax on this purchase is $1.80,find the sales tax rate.

Answer provided by our tutors

a mirror has a purchase price of $36. If the sales tax on this purchase is $1.80,find the sales tax rate.

Solution:

The sales tax rate is the percentage of the tax in purchase price,

so the sales tax rate = $1.80/$36 =0.05 =5%

So the sales tax rate is 5%.