A mother explains to her child that the price on the sign is not the total price for a wooden toy chest, because the price does not include tax. She points out that a $100 wooden toy chest actually costs $102 once the sales tax is added. What is the sales tax percentage? Write your answer using a percent sign (%).
Q. A mother explains to her child that the price on the sign is not the total price for a wooden toy chest, because the price does not include tax. She points out that a $100 wooden toy chest actually costs $102 once the sales tax is added. What is the sales tax percentage? Write your answer using a percent sign (%).
Calculate tax difference: Calculate the amount of tax added to the original price.$102−$100=$2