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The television price has a purchase price of $9650 if the sales tax on this purchase is $868.50, find the tax rate?

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  • The television price has a purchase price of $9650 if the sales tax on this purchase is $868.50, find the tax rate?


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Answer #1 | 17/02 2017 17:26
The sales tax is $ 868.50, so x percent of $9650 is $868.50 Now,868.50/9650=the %age of tax=0.09 0.09 of a number is just 9% of that number So the answer is 9% Hope the explanation helps, as I have tried to explain the answer to you, rather than just write the answer
Positive: 40 %
Answer #2 | 17/02 2017 17:25
tax rate = (amount of tax)/(price without tax) = 868.50/(9650-868.50) = 868.50/8781.50 = 0.098901098901... ≅ 9.9%
Positive: 34 %
Answer #3 | 17/02 2017 17:13
9%
Positive: 14 %
Answer #4 | 17/02 2017 17:07
Does $9650 already include the tax or not? If 'not' then rate is 868.5/9650 If 'tax included' then price of TV before tax is 9650 - 868.5 = 8781.5 So tax rate here is 868.5/8781.5 Got calculator?
Positive: 10 %
Answer #5 | 17/02 2017 17:01
9%
Positive: 10 %

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