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5 August, 11:36

An MP3 player costs $40, and a sales tax of $2.40 is added to the cost. What is the sales tax rate? (answer in %)

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  1. 5 August, 12:44
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    6%.

    Step-by-step explanation:

    2.40/40

    Answer:.06 = 6%

    Conversion of decimal placement to percentage:

    1% = 1/100 =.01

    For every percent, it goes up by. 01 decimals, or 1/100.
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