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The retail price of a new iPhone is $850. Jailyn purchased the phone for $896.75. What was the tax rate as a percentage?

Sagot :

chibuzorjosh1
The tax rate is 5.5%
Explanation
$(896.75-850) = 46.75
(46.75/850) x 100 = 5.5%
Hope that helps :)
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