Luke went to Best Buy and bought a Sphero Mini. The sphero cost $49.99 if he paid
a total of $53.99, what is the tax rate?

Respuesta :

The tax rate is 8% .

Step-by-step explanation:

Here we have , Luke went to Best Buy and bought a Sphero Mini. The Sphero cost $49.99 if he paid  a total of $53.99, We need to find what is the tax rate. Let's find out:

Let tax rate be x% in the Sphero cost $49.99 . Now , Amount of tax paid is given by :

⇒ [tex]\frac{49.99(x)}{100}[/tex]

According to question , Amount of tax paid is given by :

⇒ [tex]53.99-49.99[/tex]

⇒ [tex]4[/tex]

Equating both we get :

⇒ [tex]\frac{49.99(x)}{100} = 4[/tex]

⇒ [tex]x= \frac{4(100)}{49.99}[/tex]

⇒ [tex]x= 8[/tex]%

Therefore , The tax rate is 8% .