You take 8% and turn it into a decimal, 0.08. Then multiply 39.60 by 0.08. The answer that you get then is how much your tax is. If you want the total. Then add the answer to 39.60.
difference vat tax in purchase and selling
The tax rate was about 7.5%
You divide the percent of tax to your total and you will get your answer
$7.20
The total tax is $0.75 and the total price with tax is $10.75
You multiply the purchase price (without sales tax) by 13/100, that is, by 0.13.
take the amount of the sales tax and divide it by the percent of the tax... i was on that same question on my hw
difference vat tax in purchase and selling
Sales tax in the United States is applied by the individual states, or by their subsidiaries - counties and cities. As a result, the percent of a purchase that is tax varies depending at the least on what state you are making the purchase is. A few states have no sales tax at all.
The tax on a $12.40 purchase at 7.5% is 93 cents.
6%
The total tax is $38.89
You divide the percent of tax to your total and you will get your answer
The tax rate was about 7.5%
You have to calculate 400,000 x 1.5 / 100. (Percent means hundredths; the idea is to calculate 1.5 hundredths of the amount.)
The total tax is $1.14 and the total price with tax is $24.90
The total tax is $110.00