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.
Algebra ->
Customizable Word Problem Solvers
-> Misc
-> 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.
Log On
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! 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%.