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

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

Answer #1 | 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: 33.333333333333 %
Answer #2 | 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
Answer #3 | 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%
Answer #4 | 17/02 2017 17:13
9%
Answer #5 | 17/02 2017 17:01
9%
Answer #6 | 17/02 2017 18:00
The television price is \$.8781.50 The sales tax is \$868.50 The tax rate is 9.89%