Question

'Quiz: Math Review Quiz

Answer 1

Answer:

The tax rate is 4.3%

Step-by-step explanation:

First, we have to assume $2.79 is 100%. We know that x% equals 0.12 of the output value. Now we have two simple equations: 100%=2.79 and x%=0.12.

Then, 100%/x%=2.27/0.12 and that gives us 4.3%!

Hope this helps.