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Does sales tax round up or does it round to the nearest cent?

Updated: 9/16/2023

Wiki User

9y ago

nearest cent

Wiki User

9y ago

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Q: Does sales tax round up or does it round to the nearest cent?
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How do you find the sales tax to the nearest cent?

Round to the nearest cent.

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How do you find out sales tax?

Round to the nearest dollar.

What is 239.00 plus 8.25 tax?

\$258.72 would be the total. You take the sale amount of \$239.00 and multiply it by 1.0825 and it will give you the total of the sale and sales tax added and you have to round it to the nearest cent.

How do you round tax to the nearest cent?

The answer depends on what tax. In the UK, income tax that is already paid is always rounded up.

A sweater costs 33.51. If the sales tax rate is 6.5 percent how much tax is charged round to the nearest cent?

6.5/100 = 0.065 33.51*0.065 = 2.17815 33.51 + 2.17815 = 35.68815 = 35.69

The purchase price of a book is 35.85 The sales tax rate is 6.5 percent How much is the sales tax to the nearest cent What is the total cost of the book?

Sales tax is \$2.33 ; total cost is 38.18

It is 55.64

1173 rounded to the nearest cent?

You don't round a whole no. Generally, things like sales tax are rounded when end result is a fraction of a cent &amp; many taxes are fractions themselves. For 75.5 cents would round up (.76), anything less than .5 rounds down as a rule of thumb.

How much sales tax would you pay to purchase a new bicycle that costs 429 if the sales tax rate is 5.2 percent?

5.2 percent sales tax means you multiply by 0.052. So 429 * 0.052 = 22.308, which rounds to 22.31 (nearest cent), and the total price is 429 + 22.31 = 451.31

How much is Wyoming sales tax?

5000billion dollars a cent

What is the total purchase price if a pair of shoes originally costs 35.00 and are on sale for 25 percent off The sales tax is 7 percent Round the answer to the nearest cent?

25% off of 35.00 is 0.25 x 35 = 8.75 35-8.75 = 26.25 with tax of 7%, cost is 26.25 x (1.07) = 28.09