Answer :
Total paid amount = $533.19
tax = $29.86
cost price = $533.19 - $29.86 = $503.33
Sales Tax rate = [tex] \frac{29.86}{503.33} \times 100=5.93[/tex]
So sales tax rate is 5.93%.
tax = $29.86
cost price = $533.19 - $29.86 = $503.33
Sales Tax rate = [tex] \frac{29.86}{503.33} \times 100=5.93[/tex]
So sales tax rate is 5.93%.