Answer
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Sales Tax % = 22.55%
↓Steps Explained:↓
You purchased a good for $6.52
The total bill was $7.99
What was the tax rate?
Calculate Total Tax Amount:
Tax = Total Bill - Price
Tax Amount = $7.99 - $6.52
Tax Amount = $1.47
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 = | $1.47 |
| $6.52 |
x = 0.22546012269939
Sales Tax %:
Sales Tax % = Sales Tax Amount * 100
Sales Tax % = 0.22546012269939 * 100
Sales Tax % = 22.55%Take the Quiz Switch to Chat Mode
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