Ask Question
16 June, 04:03

Max purchased a guitar for a total of $624, which consisted of the price of the guitar and the sales tax. Was the sales tax rate greater than 3 percent? The price of the guitar that Max purchased was less than $602. The sales tax for the guitar that Max purchased was less than $30.

+4
Answers (1)
  1. 16 June, 04:26
    0
    Yes the sales tax is higher than 3%, it is actually 3.65%.

    Explanation:

    If the price of the guitar that Max bought was $602 (without taxes) and he ended up paying $624 with taxes, then the taxes were $22 ( = $624 - $602). The $22 represent 3.65% [ = ($22 / $602) x 100] of the guitar's price, and yes it is less than $30.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Max purchased a guitar for a total of $624, which consisted of the price of the guitar and the sales tax. Was the sales tax rate greater ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers