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The total cost of a new automobile priced at $26,372\$26,372 including sales tax is $28,482\$28,482. \newlineFind the sales tax to the nearest percent.

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Full solution

Q. The total cost of a new automobile priced at $26,372\$26,372 including sales tax is $28,482\$28,482. \newlineFind the sales tax to the nearest percent.
  1. Calculate sales tax amount: Calculate the amount of sales tax paid.$28,482\$28,482 (total cost) - $26,372\$26,372 (price without tax) = $2,110\$2,110 (sales tax amount).
  2. Find sales tax rate: Find the sales tax rate.\newline($2,110/$26,372)×100=sales tax rate.(\$2,110 / \$26,372) \times 100 = \text{sales tax rate}.
  3. Perform division and multiplication: Perform the division and multiplication to get the sales tax rate.\newline(2110/26372)×100≈8.00%(2110 / 26372) \times 100 \approx 8.00\%.

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