Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Ask your questions and receive precise answers from experienced professionals across different disciplines. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Percent and problem solving: sales tax

1. A new large tv has a purchase price of $4790. If the sales tax on this purchase is $335.30, find the sales tax rate.


Sagot :

luana
[tex]sale\ tax\ rate=\frac{sale\ tax}{purchase\ price}*100\%\\\\sale\ tax=335,30\$\\purchase\ price=4790\$\\\\ sale\ tax\ rate=\frac{335,30}{4790}*100\%\\\\ sale\ tax\ rate=\frac{33530}{4790}\%=7\%\\\\ \textbf{Sale \ tax\ rate\ is\ equal\ to \ 7\%.}[/tex]

Answer:

7%

Step-by-step explanation:

Purchase price x sales tax rate =sales tax

4790 x sales tax rate = 335.30

sales tax rate = 335.30/4790

sales tax rate =.07 or 7%

Thanks for using our service. We aim to provide the most accurate answers for all your queries. Visit us again for more insights. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.