Question

After sales tax, a $4,000 plasma screen TV costs $4,056. What is the sales tax percentage?

Write your answer as a decimal using a percent sign (%). For example, 0.5% or 12.7%.

Answers

Answered by GPT 3.5
The sales tax percentage can be calculated by taking the difference between the final price and the original price, and then dividing it by the original price.

Sales tax = ($4,056 - $4,000) / $4,000
Sales tax = $56 / $4,000

Calculating this fraction, the sales tax percentage is 0.014 or 1.4%.
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