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Q: How do you find the discount and sales tax of a item?
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What is the toal cost of an item when the item is 55 and discount is 20 percent and sales tax 5percent?

46.20


An item listed for 80 will go on sale for 15 percent off if the sales tax is 8 percent what is the final price of the item?

The final price of the item, including the discount and sales tax, is: $73.44


If you have a discount-- does sales tax come after or before discount?

I think the discount comes first and then the sales tax.


Why must you first calculate a discount price on an item before calculating the total sales tax on the item?

The discount must be calculated first to get the base price of the item, then the tax percentage would be taken into consideration, otherwise you would be charging additional tax on an item which should be discounted in the first place. If you were to calculate tax first then the discount price, your total would be incorrect.


If an item is on sale is the sales tax applied to the discounted price or the original price?

In most states, sales tax is applied to the final purchase price, thus the answer to this question would be the discount price.


What is the total cost of an item when the item is 55 and discount is 20 percent and sales tax 5percent?

55 - 20% + 5% = 55 * 0.80 * 1.05 = 46.20


How do you find original price of item before sales tax?

Original Price = Total / (1 + Tax)


Is The Seller Permitted A Discount For Timely Confirming And Paying Sales Tax?

Yes, a discount is permitted when the tax is compensated through the 20th day of the month where the tax arrives. The sales tax discount is 2% of tax due, to not exceed $50.


If you sold an item for 20.00 and included sales tax and your sales tax rate is 7.3 what was the item price before sales tax?

The easiest way to understand the answer is to turn it around. If you wanted to calculate the item price plus tax, you would multiply the item price by 1.073. So, to back up to the item price from the item price plus tax, divide the item price plus tax by 1.073. $20.00 / 1.073 = item price before sales tax.


What comes first when you're solving discount or sales tax?

I think it's sales tax


What is taxed by sales tax?

the customer of the purchased item is taxed by sales tax.


What is the sale tax of an item that is 2000 dollars?

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