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Because of the sales tax in a particular region, a customer in a supermarket must pay $2.17 for a bag of onions marked $2.00.
Because of the sales tax in a particular region, a customer in a supermarket must pay $2.17 for a bag of onions marked $2.00. What is the effective tax rate on this purchase, expressed as a percentage? %
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Intermediate Accounting
Authors: Earl K. Stice, James D. Stice
19th edition
1133957919, 978-1285632988, 1285632982, 978-0357691229, 978-1133957911
