The sales tax for an item was $16.50 and it cost $330 before tax.Find the sales tax rate. Write your answer as a percentage.
Question
The sales tax for an item was 330 before tax.Find the sales tax rate. Write your answer as a percentage.
Solution
To find the sales tax rate, you need to divide the amount of sales tax by the cost of the item before tax. Then, multiply the result by 100 to get the percentage.
Here are the steps:
- Divide the sales tax by the pre-tax cost of the item: 330 = 0.05
- Multiply the result by 100 to get the percentage: 0.05 x 100 = 5%
So, the sales tax rate is 5%.
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