chenellsenese chenellsenese
  • 26-03-2020
  • Mathematics
contestada

An item cost 4 before tax and 4.32 after sales tax. What is the sales tax rate

Respuesta :

AyaanR
AyaanR AyaanR
  • 26-03-2020
Percentage increase:

32/400 x 100
4/25 x 100
400/25
16/2
= 8%
Answer Link
samuelnwobi9
samuelnwobi9 samuelnwobi9
  • 26-03-2020

Answer: 8%

Step-by-step explanation:

initial cost before tax (x) = 4

cost after tax (y) = 4.32

to calculate for the sales tax rate ;

[(y - x)/x] x 100%

inputting the values

= [(4.32 - 4)/4] x 100

= (0.32/4) x 100

= 0.08 x 100

= 8%

Answer Link

Otras preguntas

en-Tech sells merchandise on account for $4,000 to Acorn Company with credit terms of 2/10, n/30. Within the discount period, Acorn Company returns $500 of dama
If a car generates 20 hp when traveling at a steady 70 km/h , what must be the average force exerted on the car due to friction and air resistance? Express your
Plane mirrors always follow the law of reflection,
In order to be eligible to serve in the Texas House, you must be ______ years old; in order to be eligible to serve in the Texas Senate, you must be ______ year
Which statement best describes the events responsible for the phase represented by the letter B in the figure? A. the opening of sodium channels B. the openin
How in the world can I get rid of the ads
5=2/3x what does x equal
This is urgent. please help asap. does a fish fin move back and forth?
Which of the following is not possible?a. Demand is elastic, and a decrease in price causes an increase in revenue.b. Demand is unit elastic, and a decrease in
What is the vertex of f(×)=5×^2+20×-16