l Sales Tax on purchase of 48 and total of 51.12

Enter Price

Enter Total Bill


Answer
Success!
Sales Tax % = 6.5%

↓Steps Explained:↓



You purchased a good for $48.00

The total bill was $51.12

What was the tax rate?

Calculate Total Tax Amount:

Tax = Total Bill - Price

Tax Amount = $51.12 - $48.00

Tax Amount = $3.12

Setup Sales Tax Equation:

Call our sales tax percent x

Sales Tax Amount = Sale Price(x)

Divide each side of the equation by x:

x  =  Sales Tax Amount
  Sale Price

Plug in our values

x  =  $3.12
  $48.00

x = 0.065

Sales Tax %:

Sales Tax % = Sales Tax Amount * 100

Sales Tax % = 0.065 * 100

Sales Tax % = 6.5%

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