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A certain sales tax rate is $0.82 per $50. What is the rate, as a perc

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A certain sales tax rate is $0.82 per $50. What is the rate, as a perc  [#permalink]

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New post 28 Jun 2017, 02:01
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A
B
C
D
E

Difficulty:

  35% (medium)

Question Stats:

76% (01:28) correct 24% (01:35) wrong based on 50 sessions

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Re: A certain sales tax rate is $0.82 per $50. What is the rate, as a perc  [#permalink]

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New post 28 Jun 2017, 02:14
Bunuel wrote:
A certain sales tax rate is $0.82 per $50. What is the rate, as a percent, which is thrice as much as the rate mentioned?

(A) 492%
(B) 49.2%
(C) 4.92%
(D) 1.23%
(E) 0.055%


Rate of interest of sales tax \(= \frac{0.82}{50}* 100 = 1.64\)%

Thrice Rate of interest \(= 3 * 1.64 = 4.92\)% . Answer (C)...
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Re: A certain sales tax rate is $0.82 per $50. What is the rate, as a perc  [#permalink]

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New post 28 Jun 2017, 09:29
Bunuel wrote:
A certain sales tax rate is $0.82 per $50. What is the rate, as a percent, which is thrice as much as the rate mentioned?

(A) 492%
(B) 49.2%
(C) 4.92%
(D) 1.23%
(E) 0.055%


\(\frac{0.82*3}{50}*100 = 4.92\)

Thus, answer will be (C)
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Re: A certain sales tax rate is $0.82 per $50. What is the rate, as a perc  [#permalink]

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New post 30 Jun 2017, 09:24
Bunuel wrote:
A certain sales tax rate is $0.82 per $50. What is the rate, as a percent, which is thrice as much as the rate mentioned?

(A) 492%
(B) 49.2%
(C) 4.92%
(D) 1.23%
(E) 0.055%



We are given the following rate:

0.82/50

A rate that is 3 times that amount as a percentage is:

(0.82/50) x 100 x 3 = 0.82 x 2 x3 = 4.92%

Answer: C
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Re: A certain sales tax rate is $0.82 per $50. What is the rate, as a perc  [#permalink]

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New post 16 Sep 2018, 22:34
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Re: A certain sales tax rate is $0.82 per $50. What is the rate, as a perc   [#permalink] 16 Sep 2018, 22:34
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