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After sales tax, a $48\$48 cell phone costs $50.40\$50.40. What is the sales tax percentage?\newlineWrite your answer using a percent sign (%).\newline_____

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Q. After sales tax, a $48\$48 cell phone costs $50.40\$50.40. What is the sales tax percentage?\newlineWrite your answer using a percent sign (%).\newline_____
  1. Calculate price increase: Calculate the increase in price due to sales tax.$50.40−$48=$2.40\$50.40 - \$48 = \$2.40
  2. Determine tax percentage: Determine the sales tax percentage.\newlineSales tax percentage = ($2.40/$48)∗100%(\$2.40 / \$48) * 100\%\newline= 0.05∗100%0.05 * 100\%\newline= 5%5\%

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