Makaylah C.
asked • 11/27/16
find the amount of tax and the tax rate. If necessary, round to nearest hundredth of a %. Cost of item: $259 Selling price: $314.81
Andrew M.
answered • 11/27/16
Mathematics - Algebra a Specialty / F.I.T. Grad - B.S. w/Honors
Selling price 314.81
minus cost -259.00
-----------
$55.81 tax
What percent of $259 is $55.81 ?
(x/100)(259) = 55.81
x = 55.81(100)/259 = 21.55% tax rate
Still looking for help? Get the right answer, fast.
OR
Find an Online Tutor Now
Choose an expert and meet online.
No packages or subscriptions, pay only for the time you need.
