The percent of the sales tax is 7.5%.
Given that,
- The wholesale price is $200.
- And, the mark it up is 180%.
- The retail price is $602.
Based on the above information, the percent of the sales tax is
But before that the following calculations to be done:
Total price is
= $200 + 180% of $200
= $200 + $360
= $560
Now the difference in the amount is
= $602 - $560
= $42
So the percent of the sales tax is
= $42 ÷ $560
= 7.5%
Therefore, we can conclude that the percent of the sales tax is 7.5%.
Learn more: brainly.com/question/19715580
