Jimmy bought a CD that cost $18.99 and paid $20.51, including sales tax. What is the rate of the sales tax?
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Originally Posted by Laura901 Jimmy bought a CD that cost $18.99 and paid $20.51, including sales tax. What is the rate of the sales tax? Sales tax would be $\displaystyle T = 20.51 - 18.99$ As a percentage on the sale, it would be $\displaystyle P = \frac{T}{Item}$ where Item is the CD that Jimmy bought.
Originally Posted by colby2152 Sales tax would be $\displaystyle T = 20.51 - 18.99$ As a percentage on the sale, it would be $\displaystyle P = \frac{T}{Item}$ where Item is the CD that Jimmy bought. THANKS A BUNCH!!
Originally Posted by Laura901 THANKS A BUNCH!! You're welcome.
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