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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