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 ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> 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: %      Log On


   

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) About Me  (Show Source):
You can put this solution on YOUR website!
160.44-142.00=18.44 tax
18.44/142=0.13=13% rate