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.
Each person will have a different tax rate taken out. On average, 10 to 20 cents of every dollar, goes to taxes.
You would get back $4.66.
To calculate the final price, first subtract the discount from the original price: $50.00 - $20.00 = $30.00. Next, apply the sales tax: $30.00 × 0.08 = $2.40. Finally, add the tax to the discounted price: $30.00 + $2.40 = $32.40. Thus, the final price including tax is $32.40.
Standard deduction can be about 20%. The taxpayer can opt to have more than the minimum tax deducted.
You save the tax on $3000 in whatever bracket you are in; so, if you are in a 20% bracket this is $600 in your pocket.
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.
$32.00 + tax.
It depends entirely on the tax rate at the location you are buying the item. In Michigan, at 6% it would be $1.20
46.20
Each person will have a different tax rate taken out. On average, 10 to 20 cents of every dollar, goes to taxes.
You would get back $4.66.
55 - 20% + 5% = 55 * 0.80 * 1.05 = 46.20
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
20 cents
20¢
$20