Answer :
Without tax it costs $20.
With tax it costs $21.
The amount of tax paid is $21 - $20 = $1
$1 tax was paid on $20.
$1/$20 * 100 = 0.05 * 100 = 5%
With tax it costs $21.
The amount of tax paid is $21 - $20 = $1
$1 tax was paid on $20.
$1/$20 * 100 = 0.05 * 100 = 5%