SOLUTION: A man purchased a magazine at the airport for $2.99. The tax on the purchase was $0.15.What is the tax rate at the airport? Round to the nearest percent.

Question 1195443: A man purchased a magazine at the airport for $2.99. The tax on the purchase was
$0.15.What is the tax rate at the airport? Round to the nearest percent.
Found 3 solutions by greenestamps, ikleyn, Alan3354:
Answer by greenestamps(13206)   (Show Source): You can put this solution on YOUR website!

That's 0.0517 to a few decimal places, or 5.17%

ANSWER: 5%

Answer by ikleyn(52866)   (Show Source): You can put this solution on YOUR website!
.

= 0.050167, or 5%, rounded to the nearest percent.

Answer by Alan3354(69443)   (Show Source): You can put this solution on YOUR website!
A man purchased a magazine at the airport for $2.99. The tax on the purchase was
$0.15. What is the tax rate at the airport? Round to the nearest percent.
----------
If $2.99 was the price including the tax:
0.15/(2.99 - 0.15) = ~5.28%
==================
Either way, it's rounded to 5%.
RELATED QUESTIONS
A man purchased a magazine at the airport for $2.39. The tax on the purchase was .14.... (answered by stanbon)
a $2 sales tax is charged for a $40 purchase. at this rate, what is the sales tax for an... (answered by RoRo Jaxson)
a $2 sales tax is charged for a $40 purchase. at this rate, what is the sales tax for an... (answered by RoRo Jaxson)
If the sales tax rate 7.5% and the tax 0n a purchase is $45 what was the amount of... (answered by rfer)
A state sales tax rate is 4.8%. If the tax on a purchase was $23.76, what was the price... (answered by stanbon)
A state sales tax rate is 4.8%. If the tax on a purchase was $23.76, what was the price... (answered by Theo)
If the sales tax rate is 5.5% and the tax on a purchase is $22, what was the amount of... (answered by checkley75)
If the sales tax rate is 6.5% and the tax on a purchase is $39, what was the amount of... (answered by stanbon)
If the sales tax rate is 6.5% and the tax on a purchase is $33, what was the amount of... (answered by josmiceli)

SOLUTION: A man purchased a magazine at the airport for $2.99. The tax on the purchase was $0.15.What is the tax rate at the​ airport? Round to the nearest percent.

SOLUTION: A man purchased a magazine at the airport for $2.99. The tax on the purchase was $0.15.What is the tax rate at the airport? Round to the nearest percent.