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13 February, 07:48

An item costs $460 before tax, and the sales tax is $13.80. find the sales tax rate.

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  1. 13 February, 09:58
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    Cost price (CP) = $460

    Tax amount (A) = $13.80

    Tax% (T%) = ?

    It is clear that:

    ↪Tax amount=T% of CP

    ↪A=T%*460

    ↪13.80 = (T*460) / 100

    ↪13.80=4.6T

    ↪T=13.8/4.6

    ↪T=3

    T%=3%➡ANS
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