The Texas state sales and use tax rate is 6.25% which is equivalent to fraction 1/16 or decimal 0.0625.
It is defined as the ratio of two numbers expressed in the fraction of 100 parts. It is the measure to compare two data, the % sign is used to express the percentage.
We have:
The Texas State Sales and Use Tax rate = 6.25%
Removing percentage sign we get:
= 6.25/100
= 625/10000
1/16 or
= 0.0625
Thus, the Texas state sales and use tax rate is 6.25% which is equivalent to fraction 1/16 or decimal 0.0625.
Learn more about the percentage here:
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