SOLUTION: If a sales tax is increasing from 5% to 6% is it only increasing by 1% or is the sales tax going up by 20%?
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Question 1114643
:
If a sales tax is increasing from 5% to 6% is it only increasing by 1% or is the sales tax going up by 20%?
Answer by
Alan3354(69443)
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):
You can
put this solution on YOUR website!
It's a matter of semantics.
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6 - 5 = 1
(6-5)/5 = 0.2 = 20%