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 example
a $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 percentage
Be 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.
You divide the percent of tax to your total and you will get your answer
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.
how to calculate provison for income tax
You would take off the annual exemption of 15,000 (in 2012) and calculate the tax on the remaining $60,000, which could be as much as 50 percent. However, the gift giver can apply part of their lifetime gift tax exemption and not pay any tax.
net indirect tax = tax - subsidies
You divide the percent of tax to your total and you will get your answer
You have to calculate 400,000 x 1.5 / 100. (Percent means hundredths; the idea is to calculate 1.5 hundredths of the amount.)
64.79 (A+)
sale package 10000 so what amount we will calculate in luxury tax & what is the reason
Multiply the price by 0.015
27.63
138 * 1.15
You multiply the purchase price (without sales tax) by 13/100, that is, by 0.13.
If the tax is 10 percent and the price of the item is $1.00 then you simply calculate 10% of 1.0. = 10 cents and add it to the original price.You would charge the person $1.10 (including tax).The simple way to calculate the final price mathematically is to express the percent as a decimal and add 1 to it. Then multiply the price by this number.I.e If the tax is 5.6% you would express this a 0.056 + 1 = 1.056 and multiple the pre tax price by this number.
Multiply the retail cost by 0.19
Take your order price times .007. That's the sales tax for that order. but take tax before shipping cost.
25.67 times 1.0765 is equal to your answer, about 27.63