Question

While looking at some reports, a store manager notes that hammers that retail for $22 end up costing customers $22.66 once the sales tax is added. What is the sales tax percentage?

Answer 1

Sales tax percentage is `3%`

Explanation:

The retail price is `$22.00`

The sale tax amount is `22.66-22.00=$0.66`

Sales tax percentage is `0.66/22.00*100= 3%` [Ans]