Alex V. answered 10/17/13
Tutor
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College doesn't make you smart. College teaches you to be resourceful.
A sales tax rate of 8% means 8 pennies out of 100 pennies is charged for tax.
100 pennies is $1. So for every dollar you're charged $0.08. A $100 item will have a tax of $8.00
8% is equivalent to "8 out of 100" or simply (8/100)
Also:
To solve for a ratio into terms of %:
Equate the ratio (a/b) with (c/100)
i.e. (a/b)=(c/100)
solve for c: (a/b)*100= c%
to solve for any ratio:
(a/b) = (c/d)
Cross multiply and/or divide to get any variable of interest.