If an item is 4.75 before tax and after is 5.13 how much is the sales tax rate?

Question

If an item is 4.75 before tax and after is 5.13 how much is the sales tax rate?

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Allison 2 weeks 2022-01-15T18:51:34+00:00 2 Answers 0 views 0

Answers ( )

    0
    2022-01-15T18:52:54+00:00

    Answer:

    8%

    Step-by-step explanation:

    total price/item price = sales tax

    5.13/4.75 = 1.08 = 8%

    0
    2022-01-15T18:53:19+00:00

    Answer:

    8%

    Step-by-step explanation:

    Let’s say the tax percent was x%. Then, we can write the equation:

    4.75 + x% * 4.75 = 5.13

    Notice that both terms on the left have 4.75 so factor that out:

    4.75 * (1 + x%) = 5.13

    Divide both sides by 4.75:

    1 + x% = 5.13/4.75 = 1.08

    Subtract 1 from both sides:

    x% = 0.08

    Remember that % simply means “out of 100”, so x% = x/100:

    x/100 = 0.08

    Multiply both sides by 100:

    x = 8

    Thus, the tax rate is 8%.

    Hope this helps!

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