Question

. Tax on a $24 item is $1.56. What is the tax rate (percent)? Adress was reduced in pribor TU

Answer 1

The correct answer is 6.5 %

$\begin{gathered} \text{Tax percent =}\frac{Actual\text{ Tax}}{\text{Item Worth}}\times100 \\ \\ \text{Tax percent =}\frac{1.56}{24}\times100=6.5\text{ \%} \end{gathered}$

So, the correct answer is 6.5 %