7 3/4%=It means for every $100 or ANY 100 things, you might have to pay 7 3/4 more of whatever it is. Say, you go to a store & you buy a bike that costs $100. But the government may charge the store a 7 3/4% tax, which your dad has to pay on top of $100. So, your new bike will actually cost your dad $100 + $7.75 for a total of $107.75. That 7 3/4% is called a "percentage", which comes from Latin for "Per Hundred"
