Answer:
The tax rate is 6%.
Step-by-step explanation:
Given:
Cost price of jet ski is $[tex]7600[/tex].
Price of jet ski with tax is $[tex]8056[/tex].
Now, calculate the difference between the prices [tex]8056-7600=456[/tex].
And, then the tax rate of the jet ski [tex]\frac{456}{7600}\times100=\frac{45600}{7600}=6[/tex].
Therefore, the tax rate is 6%.
