document.write( "Question 1181722: Find the amount of tax and the tax rate. Round to the nearest hundredth of a percent. Cost of item:$142 selling price: $161.15 Tax amount:$ ? Tax rate= ?% \n" ); document.write( "

Algebra.Com's Answer #811617 by Solver92311(821) $\"\"$ $\"About$

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\n" ); document.write( "\n" ); document.write( "Tax Amount: Selling Price minus Cost of Item\r
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\n" ); document.write( "\n" ); document.write( "Tax Rate: (Tax Amount divided by Cost of Item) times 100, rounded to two decimal places.\r
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\n" ); document.write( "John
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\n" ); document.write( "My calculator said it, I believe it, that settles it
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