An insured owns and operates a commercial business. He has included a business income coverage form with his commercial package policy. When the insured's business is severely damaged by fire, the business income coverage will pay for:.

Net income plus continuing expenses of the business

Explanation:

Based on the scenario being described within the question it can be said that the coverage will pay for Net income plus continuing expenses of the business. This is because a Business Income Coverage is a type of insurance that covers loss of income due to damages causing the business to slow or suspend operations. Such as in the unlikely case of a fire breaking out in the business.

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"