SOLUTION: You bought $140 worth of new cd's. If you paid $6.30 in sales tax, what was the % rate of the tax?
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-> SOLUTION: You bought $140 worth of new cd's. If you paid $6.30 in sales tax, what was the % rate of the tax?
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Question 175316
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You bought $140 worth of new cd's. If you paid $6.30 in sales tax, what was the % rate of the tax?
Answer by
actuary(112)
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The tax rate = 6.30/140 = .045 = 4.5%
I hope that this helps.