The sales tax for an item was $16.50 and it cost $330 before tax.Find the sales tax rate. Write your answer as a percentage.
Question
The sales tax for an item was 330 before tax. Find the sales tax rate. Write your answer as a percentage.
Solution
1. ### Break Down the Problem
To find the sales tax rate, we need to determine the relationship between the sales tax amount, the cost before tax, and the sales tax rate. The formula to relate these quantities is:
2. ### Relevant Concepts
Let . From the problem:
- Sales Tax = $16.50
- Cost before Tax = $330
The relationship can be expressed as:
3. ### Analysis and Detail
To find the sales tax rate , we rearrange the formula:
Now we will perform the calculation:
4. ### Verify and Summarize
To convert into a percentage, we multiply by 100:
Final Answer
The sales tax rate is .
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