Sales tax varies from place to place. You need to identify what the sales tax is in the area where you are selling the item
The sale price will be $112.50 + tax.
The sale price would be $111.00 + tax.
The tax is $245.00
To calculate the tax percentage on a sale take the total sale, subtract the price of the item, then divide the result by the price of the item. Fpr examplea $1.00 item is purchased, the total sale is $1.10, subtract the $1.00. $.010 was paid in tax, to determine the tax percentage paid divide $ .10 by the$1.00 item price and you get a .10 tax rate (or 10%).( total purchase price - price of item ) / price of item = tax percentageBe aware that on some sales only a portion of the sale is taxable, such as a take out order from a restuarant only the carbonated beverage may be taxable.
Multiply the pre-tax price by 1.065
Sales Tax is a tax charged on Sale of any item whereas VAT is value added tax charged on both sale & purchase.
112 U.S. dollars + (5.5 percent tax) = 118.16 U.S. dollars
.06 x 48 = 2.88 dollars
$7.20
The total tax is $0.14 and the total price with tax is $2.14
The tax amount is $9.30 bringing the total to $164.30
25*1.07 = 26.75 dollars