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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?
Suggested Answer: A
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11 comments · newest first
GL
Glennis
11 months ago
Are we sure about these options? Feels off.
NU
Nu
11 months ago
Definitely 8.0%, no doubt about it.
OR
Orville
12 months ago
Wait, how did they get to $75.94 from $69.99?
GE
Geoffrey
12 months ago
I think it's 7.5%, sounds right to me.
GR
Gracia
12 months ago
The tax rate is 8.5%!
MA
Marti
1 year 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.
KR
Krissy
1 year 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.
RA
Raul
1 year ago
I remember we practiced calculating tax rates in class, but I'm not sure if I got the formula right.
DE
Devorah
1 year ago
I feel like the tax rate might be around 8%, but I can't recall the exact steps to find it.
NA
Nadine
1 year ago
Hmm, this question seems a bit tricky. I'll need to think through the reasoning carefully.
CA
Cassie
1 year 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.