Answered

Looking for answers? Westonci.ca is your go-to Q&A platform, offering quick, trustworthy responses from a community of experts. Explore thousands of questions and answers from a knowledgeable community of experts ready to help you find solutions. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

A hardcover book sells for $24 at the bookmart. Ben pays a total of $25.02 for the book. What is the sales tax rate?

Sagot :

Increase in price = $25.02 - $24.00
                   
                         = $1.02

Tax rate = [tex] \frac{1.02}{24.00} [/tex]

Tax rate = 0.0425

0.0425 = 4.25%