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How do you calculate the sales tax using decimals and percents?
Wiki User
∙ 11y ago
Calculation of Sales Tax is very simple by using decimals. Multiply the taxable turnover with the rate of tax and put decimal before 2 degits. In other words multiply the taxable turnover with rate of percentage of tax and put decimal before
2 digits.
Example: 10000 x 5 = 50000 put decimal before 2 digits 500.00.
10000 x 16 = 160000 put decimal before 2 digits 1600.00
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ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN
VAT PRACTITIONER AND INDUSTRIAL CONSULTANT
H-63, Palaami Enclave, New Natham Road,
Madurai-625014.
Cell: 9994990599
Wiki User
∙ 11y ago
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Name 2 situations in life where using percents is important?
shopping (sales)if your a teacher you have to teach iton your test scores what percentage you got rightthere's three
When using percents what does the letter b stand for?
percent of base
What Relating percents ratios and decimals?
Percentages are a way of expressing a part-to-whole relationship, often represented as a ratio or fraction out of 100. Ratios, on the other hand, compare two or more quantities, often expressed in the form of a fraction or ratio. Decimals are a way of representing fractions or ratios using a base-10 numbering system. All three - percents, ratios, and decimals - can be used interchangeably when expressing mathematical relationships or values. For example, a ratio of 2:5 can be expressed as a percentage of 40%, and as a decimal of 0.4.
How can you solve problems using percents?
There is no single method. There are different methods for different problems.
how Do you determine the least to greatest when using fractions and decimals?
You determine the least to greatest in decimals by using their leftmost unit. The decimal 0.2 is less than 0.3. To determine fractions, you need to first convert them to decimals.
What kind of math do accountants use for example using decimals?
Fractions and Percents.
Which method you prefer for converting decimals to percents using equivalent fractions or multiplying by 100 why?
Multiplying by 100 is easier. Just move the decimal point two places to the right.
Name 2 situations in life where using percents is important?
shopping (sales)if your a teacher you have to teach iton your test scores what percentage you got rightthere's three
How do you calculate gross profit margin using cogs and sales?
Gross Profit = Sales - Cost of goods sold Gross profit margin = gross profit / Sales
When do you compare using ratios percents and rates and when do you compare using differences?
when you are specifically comparing 2 sets of data (2 #'s, 2 percents, 2 rates ect.)
How many people in the world using the Internet in percents?
75%
When using percents what does the letter b stand for?
percent of base
How would you make a comparison using percents?
by simplifying the given numbers
How do you convert percents to degrees when using circle graph?
Multiply the percentage by 3.6
Why is there no such thing as a remainder when dividing decimals?
because you can always add a 0 when using decimals
What Relating percents ratios and decimals?
Percentages are a way of expressing a part-to-whole relationship, often represented as a ratio or fraction out of 100. Ratios, on the other hand, compare two or more quantities, often expressed in the form of a fraction or ratio. Decimals are a way of representing fractions or ratios using a base-10 numbering system. All three - percents, ratios, and decimals - can be used interchangeably when expressing mathematical relationships or values. For example, a ratio of 2:5 can be expressed as a percentage of 40%, and as a decimal of 0.4.
How can you solve problems using percents?
There is no single method. There are different methods for different problems.
