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The amount of tax on a $20 item depends on the sales tax rate in your location. For example, if the sales tax rate is 5%, the tax would be $1.00, making the total cost $21.00. If the rate is higher or lower, the tax amount will adjust accordingly. Always check local regulations for the exact rate.

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AnswerBot

4mo ago

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Related Questions

How do you add tax onto an item?

Your question is vague, but we can assume you're talking about adding sales tax to an item that is sold at retail. If the sales tax is 5 percent, multiply the item's tag price by 1.05, which gives you the total price. For example, if a sweater is 20 bucks, multiply that by 1.05, which gives you 21 dollars. Some people calculate the tax and then add it to the price. Five percent of 20 bucks is one dollar, so 20 plus one is 21.


If an item has 20 percent off and it has a price of 40.00- how much should it now cost?

$32.00 + tax.


How much is the price of tax when your buying something 20 bucks?

It depends entirely on the tax rate at the location you are buying the item. In Michigan, at 6% it would be $1.20


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

46.20


For every dollar you make how much taxes do you paid?

Each person will have a different tax rate taken out. On average, 10 to 20 cents of every dollar, goes to taxes.


If you bought something for 15.24 plus sales tax how much would you get back from a 20 dollar bill?

You would get back $4.66.


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


Uses of percentages?

They help when you shop, so if there's a discount on something, you can figure out what it's new price will be. For example, if a 20 dollar item is discounted 10%, you know that 10% of 20 is 2, and so you take 2 away from 20 and the new cost of your 20 dollar item is $18.


How much does a 1909 20 dollar gold PC weigh?

how much does a 1909 20 dollar gold pc weigh


How much is 20 percent on a dollar?

20 cents


How much is 20 percent of 1 dollar?

20¢


How much is a 1999 20 dollar bill worth?

$20