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1 November, 19:58

If a shirt costs $40 and the amount of tax collected was $2 what is the sales tax rate?

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Answers (2)
  1. 1 November, 20:18
    0
    5%

    Step-by-step explanation:

    To find the tax, we take the price times the tax rate

    2 = 40 * rate

    Divide each side by 40

    2/40 = rate

    .05 = rate

    Changing to percent form

    5% = rate
  2. 1 November, 20:26
    0
    tax rate = 2 / 40 = 1 / 20 = 0.05 * 100 = 5%
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