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The retail price of a computer was $1652. Jaqui paid $1759.38 for the computer, including tax. What was the tax rate?

Sagot :

Since Jacqui paid $1759.38 while the retail price was $1652, we can calculate how much additional money did she paid like this:

$1759 .38- $1652 = $107 .38

These $107 are the costs associated with the tax.

The tax rate would be the tax divided by the retail price multiplied by 100:

[tex]rate=\frac{107.38}{1759.38}\times100=6.11[/tex]

Then,