SOLUTION: Find the amount of tax and the tax rate. Round to two decimal places. Cost of item: $142 Selling price: $160.44 Tax amount: $ Tax rate: %

SOLUTION: Find the amount of tax and the tax rate. Round to two decimal places. Cost of item: $142 Selling price: $160.44 Tax amount: $ Tax rate: %

Algebra.Com

Question 417076: Find the amount of tax and the tax rate. Round to two decimal places.
Cost of item: $142
Selling price: $160.44
Tax amount: $
Tax rate: %
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
160.44-142.00=18.44 tax
18.44/142=0.13=13% rate
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