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With sales tax, it costs $506\$506 to buy a $460\$460 picnic table. What is the sales tax percentage?\newlineWrite your answer using a percent sign (%).\newline_____

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Full solution

Q. With sales tax, it costs $506\$506 to buy a $460\$460 picnic table. What is the sales tax percentage?\newlineWrite your answer using a percent sign (%).\newline_____
  1. Calculate sales tax paid: Calculate the total amount of sales tax paid.\newlineSales tax paid = Total cost with tax - Original price\newline= $506\$506 - $460\$460\newline= $46\$46
  2. Find sales tax percentage: Find the sales tax percentage.\newlineSales tax percentage = (Sales tax paid/Original price)×100(\text{Sales tax paid} / \text{Original price}) \times 100\newline= ($46/$460)×100(\$46 / \$460) \times 100\newline= 00.11 \times 100100\newline= 1010\%

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