A item cost $430 before tax, and the sales tax is $8.60. What is the sales tax rate in percentage

Question

I just need the answer

Answer 1

Hi Franchesca,

 

To complete this problem, you just need to know the formula for how to calculate the percent. To find a percent, you are using a fraction (part/total) and multiplying it by 100. In this case, the numerator will be the sales tax and the denominator is the cost of the item before tax. When you divide sales tax by the item cost, this will give you the tax rate percent as a decimal. The final step is just multiplying by 100 to get the percent.