In Mississippi, a customer pays $52.41 for a product (including MS state sales tax). In Alabama, a
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In Mississippi, a customer pays $52.41 for a product (including MS state sales tax). In Alabama, a customer pays $53.36 for the same product. In Virginia, the customer pays $51.71 for the same product. In all three states, the sticker price (price before state sales tax is added) is the same. The average sales tax of the three states is 7.237%. Determine the sales tax in each state and the cost of the product from the information given. Express your answers in percent for sales tax and in dollars and cents for cost.
Related Book For
Introductory Statistics Exploring the World Through Data
ISBN: 978-0321978271
2nd edition
Authors: Robert Gould, Colleen Ryan
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