Question
A store manager instructs some new trainees that a crystal sculpture priced at $1,000 winds up costing a customer $1,040 once the sales tax is included. What is the sales tax percentage?
Write your answer using a percent sign (%).
Write your answer using a percent sign (%).
Answers
GPT 3.5
To find the sales tax percentage, we need to determine how much the sales tax is and then divide that amount by the original price of the crystal sculpture.
The sales tax amount is $1,040 - $1,000 = $<<1040-1000=40>>40.
Dividing $40 by $1,000 gives us: $40 / $1,000 = 0.04.
To express 0.04 as a percentage, we multiply by 100: 0.04 * 100 = 4.
Therefore, the sales tax percentage is 4%.
The sales tax amount is $1,040 - $1,000 = $<<1040-1000=40>>40.
Dividing $40 by $1,000 gives us: $40 / $1,000 = 0.04.
To express 0.04 as a percentage, we multiply by 100: 0.04 * 100 = 4.
Therefore, the sales tax percentage is 4%.