ka7hleen8 ka7hleen8

25-02-2021
Mathematics

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Mr. Ruiz, the owner of a canoe shop buys paddles for $25.00 each and sells them for 150% profit. A customer buys a paddle for $40.78, which includes the selling price and sales tax. What is the sales tax rate?

Respuesta :

marfunkle marfunkle

25-02-2021

8.75%

25x1.5=37.5

40.78/37.5= 1.0875
Subtract the 1 off for the product cost and it leaves 0.0875 for the tax

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