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Tip means "To Insure Promptness." Tipping is different in different parts of the world and varies by level of service given. Sales taxes are different in different parts of the world. Then use algebra to determine how much to add to the bill.
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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.
How do you calculate tax and tips and discounts?
To find tax- you would multiply the tax rate by the amount you would own to get the amount of tax. If tax was 7% and you owed $15.23 (Just came up with a random amount) Then you would multiply $15.23 by .07 and you would get $1.0661 so that would round to $1.07. With tips you would do the same thing if you wanted to leave a 15% tip then you would multiply the amount by .15. And with discounts-if you have a 25% discount on a $30 sweater then you would multiply $30 by .25 and then subtract that from $30
Do you calculate discount or a new price?
The only practical reason to calculate the discount is as an intermediate step in determining the new price.
How do you calculate 20 percent discount?
The quickest way is to multiply the full price by 0.2 That is the amount of the discount.
How do you calculate a 20 percent tip?
Start with the bill without sales taxes. Divide by 5. That's a 20% tip. You can also take the pre-tax number, move the decimal point one position to the left and divide by 2. Same result.
What is the difference between a discount sales tax and a tip in relation to the total cost?
A discount is money off a product, a sales tax is money added to the price of a product, and a tip is money given to someone fr good service.
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 you have a discount-- does sales tax come after or before discount?
I think the discount comes first and then the sales tax.
Should you tip your tax preparer?
No, there is no need to tip a tax preparer.
How is a tip similar to and different from sales tax?
a tip goes to a waiter a tax goes to the gonverment and a tip is a percent so is a sales 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.
How do you calculate tax and tips and discounts?
To find tax- you would multiply the tax rate by the amount you would own to get the amount of tax. If tax was 7% and you owed $15.23 (Just came up with a random amount) Then you would multiply $15.23 by .07 and you would get $1.0661 so that would round to $1.07. With tips you would do the same thing if you wanted to leave a 15% tip then you would multiply the amount by .15. And with discounts-if you have a 25% discount on a $30 sweater then you would multiply $30 by .25 and then subtract that from $30
When you tip do you tip before or after taxes?
Generally, you tip before taxes. With food service, a good trick is to know the sales taxes in the state you are in and remember what multiplier of that equals roughly 20%. In California, for example the sales tax is around 8.5%, thus many people simply double that to calculate the tip.
Do you calculate discount or a new price?
The only practical reason to calculate the discount is as an intermediate step in determining the new price.
How you Calculate Provision for Income tax?
how to calculate provison for income tax
How do you calculate builders cot sales tax?
how do you calculate builders cot tax
What is the price paid after discount is subtracted?
Tax
