If the item is taxable (and clothing in many places isn't), the discount is normally handled like this: If it provided by the retailer...the one your buying it from..as in $21 jeans on sale for $15 - the tax is on the sale amount of $15. If it is actually provided by the manufacturer... as in $21 jeans with manufacturer rebate now $15 - the tax is on the entire $21. (The manufacturer is paying the retailer the additional $6 for you....but the sale is really a $21 sale. Just apply the tax rate to the correct sales price (agreeably there may be some rounding for a 1c or so).
The total tax is $2.10 and the total price with tax is $28.35
The total tax is $3.50 and the total price with tax is $53.50.
Trade discount is not shown any where in accounts as cash is received with discounted amount and sales also shown with reduced price.
The sales tax adds $1.19 to the price.
The sales price includes variable cost, the cost of the unit and the markup. Sales price is the rate customers pay for the item.
If the jeans cost $11.50 after the 15% sales tax, the cost of the jeans without sales tax is $10.00.
The sales tax is $3.50 and the total price of the jeans with tax is $53.50
The new price is 81.00.
It is 45 × 1.065 × cost of one pair of jeans without sales tax (which you failed to tell us).
i have checked and nothing seems to have been reduced in price
If your source is French, then "soldes" means "sales" - the reduced price variety!
28.35
28.35 (A+)
One can purchase cheap women's designer jeans from Macy's, Buckle, and Bluefly. One can buy used or new designer jeans at a discounted price on eBay. One must look for sales to find cheap designer jeans as well.
A sales price of an item at a far reduced rate than normal.
39.50 * 1.05 = 41.48
The total tax is $2.10 and the total price with tax is $28.35.