Question

Tamika buys a jet ski priced at $7600, but pays $8056.00 with tax. What is the tax rate where tamika lives

Answer 1

Answer:

The tax rate is 6%.

Step-by-step explanation:

Given:

Cost price of jet ski is $$7600$.

Price of jet ski with tax is $$8056$.

Now, calculate the difference between the prices $8056-7600=456$.

And, then the tax rate of the jet ski  $\frac{456}{7600}\times100=\frac{45600}{7600}=6$.

Therefore, the tax rate is 6%.