Question

ling paid a total of $19.55 on a purchase of $18.40. what is the sales tax rate? enter the answer.

Explanation:

Step1: Find the tax amount

The tax amount is the total paid minus the purchase price, so $19.55 - 18.40 = 1.15$.

Step2: Calculate the tax rate

The tax rate is (tax amount / purchase price) * 100. So $\frac{1.15}{18.40} \times 100$. First, $\frac{1.15}{18.40} = 0.0625$, then $0.0625 \times 100 = 6.25$.

Answer:

6.25