Friday, March 27, 2020

The tax on a bicycle costing $400 is $32. How much will the tax be on a bicycle costing $700 if the tax rate r?

Jonelle Eligio: Let's see:400 / 32 = 0.08 or 8%So if the price goes up to 700:700 * 0.08 = 56, so the tax would be $56.00....Show more

Karl Jantzen: Sales tax is calculated as:price * rate = taxWith your numbers:$400 * rate= $32rate = $32 / $400 = 0.08 = 8%So the tax rate is 8%.Using this we can compute the tax on the $700 bike:tax = price * rate = $700 * 8% = $700 * 0.08 = $56...Show more

Minh Lefrancois: 32/4= $8 tax on $100 dollar bike.$8*7= $56tax on $700 dallar bike

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