Answer :
To get the answer we can use proportion
4.32-----------x
4 ---------------100%
crossmultiply now
4.32*100=4x
432=4x /:4
108%=x
Now we have to subtract 108%-100%=8% - its tax rate
4.32-----------x
4 ---------------100%
crossmultiply now
4.32*100=4x
432=4x /:4
108%=x
Now we have to subtract 108%-100%=8% - its tax rate