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PTCB PTCE Exam - Topic 2 Question 51 Discussion

A patient is at your store buying a glucose monitor. The item sells for $69.99. After tax their total is $75.94. What is the tax rate?
A) 8.5
B) 7.5
C) 8.0
D) 7.0

PTCB PTCE Exam - Topic 2 Question 51 Discussion

Actual exam question for PTCB's PTCE exam
Question #: 51
Topic #: 2
[All PTCE Questions]

A patient is at your store buying a glucose monitor. The item sells for $69.99. After tax their total is $75.94. What is the tax rate?

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Suggested Answer: A

by Nicolette at May 07, 2022, 05:32 AM

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Glennis
8 months ago
Are we sure about these options? Feels off.
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Nu
8 months ago
Definitely 8.0%, no doubt about it.
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Orville
9 months ago
Wait, how did they get to $75.94 from $69.99?
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Geoffrey
9 months ago
I think it's 7.5%, sounds right to me.
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Gracia
9 months ago
The tax rate is 8.5%!
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Marti
9 months ago
I think I remember that the tax is a percentage of the original price, but I'm confused about how to set it up correctly.
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Krissy
9 months ago
This seems similar to that practice question about calculating sales tax. I think I need to subtract the original price from the total first.
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Raul
9 months ago
I remember we practiced calculating tax rates in class, but I'm not sure if I got the formula right.
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Devorah
9 months ago
I feel like the tax rate might be around 8%, but I can't recall the exact steps to find it.
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Nadine
9 months ago
Hmm, this question seems a bit tricky. I'll need to think through the reasoning carefully.
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Cassie
10 months ago
Ah, I remember learning about this in class. The document that triggers the start of the ADM cycle is the Request for Architecture Work. I'm confident that's the correct answer.
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