8 Answers
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9.25%
3.70 (the tax) / 40.00 (the price) = .0925
changed into a percentage 9.25%
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x = 4
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that is uncomplicated extremely.In Canada the sales tax is further to the retail cost to make a entire cost that the shopper will pay.that is comparable interior the united kingdom different than that the tax is noted as cost further tax and is blanketed interior the cost quoted.Your e book in England that expenses you £10, the e book shop retains approximately £8.50 and the government gets the different £one million.50.the tip consequence is amazingly comparable.The requirement in England is that the sale cost ticket or cost label on the object is a entire inclusive cost and is not any longer concern to further taxes.If a cost is decreased the quantity of tax is likewise decreased professional rata.desire this explains issues by potential of how the cost of cost further tax is on the 2nd 17.5% further directly to the pretax promoting cost.
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( ( 43.70 – 40 ) / 40 ) x 100
( 3.70 / 40 ) x 100
0.0925 x 100
9.25
Answer: 9.25 % tax
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the tax was 43.70 – 40 = 3.70
the tax rate was 3.70/40 = 0.0925 = 9.25%
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40+40x=43.70
40x=3.70
x=3.70/40
x=.0925
x=9.25%
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9.25%
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9.25%