A mountain bike has a price of $700. With sales tax, it will cost $742. What is the sales tax percentage?

Question

Write your answer using a percent sign (%).

Answer 1

The sales tax amount is $742 - $700 = $42.
The sales tax percentage is (sales tax / original price) * 100% = ($42 / $700) * 100% = 6%. Answer: \boxed{6\%}.