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Find out the sales tax in your area. The Federal Tax Administration has the sales tax for every city and state on file. Visit their website for your sales tax.
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To compute sales tax, it is helpful to have a calculator. If you do not have a calculator, most cell phones come equipped with them.
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Remember, sales tax is computed as a percentage. For example, a 6.25% sales tax means you are paying 6.25 cents in tax for every dollar you spend.
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Take the retail price of the item, or items, you are about to purchase and multiply it by one and the sales tax percentage. For instance, if an item costs 49.99 and your local sales tax was 6.25%, you would multiply 49.99 by 1.0625. Adding the one to the beginning of the percentage adds the sales tax onto the price automatically.
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Be sure you know the sales tax in your city, not just the state's sales tax. The city you live in no doubt has a higher tax rate than the state.
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For multiple items, simply add up the prices and multiply the subtotal by the one and the sales tax.
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How do you find the tax rate of something?
You multiply the tax with the price then divide
How do you find the original price of an item if you know the sales tax percent and amount?
The amount of tax divided by the percent of tax (expressed as a decimal) will equal the original price.
What is the final price of a 152 item after 6 percent tax is added?
Price of item without adding tax=152 Percentage of tax to be added=6% To find the final price= 152+ 6%of 152 152+912/100 152+9.12 161.12 Hence the final price of the item is 161.12
The sales on a new car was 757 If the sales tax represents 6 percent of the purchase price find the selling price of the car?
The selling price was 714.15.
What is the sale price if the original price was 35 and there was a 10 percent discount and a 5.5 tax?
Sale price is 32.2310 percent of $35 is $3.50 subtract those two numbers.Then multiply by .055 to find the tax which is $1.73 and add it to the previous answer.
How do you find original price of item before sales tax?
Original Price = Total / (1 + Tax)
How do you find the tax rate of something?
You multiply the tax with the price then divide
How do you find the regular price of an item when tax has already been calculated?
Multiply your price by the tax rate (in decimal form) and subtract that from your original price.
How do you find the original price of an item if you know the sales tax percent and amount?
The amount of tax divided by the percent of tax (expressed as a decimal) will equal the original price.
What is the best way to find the original price of a stock for capital gains tax purposes?
How do i find the price of a share on 01.06.1993 in order to calculate any capital gains tax liability
How do you make price at what percentage?
first, find the normal price, then the tax and move the decimal over to the left twice on the tax, multiply the price and the tax, add the answer to the price and there's the total. (e.g. $42.00, tax=6%=.06... 42*.06=2.52... $42.00+$2.52=$44.52)
How do you find percentage of a price?
The price of an object is 100%. If you have to add sales tax for instance you need to divide the price by 100 and multiply by the rate of sales tax. This is then added to the original price to give the total selling price.
How do you find sale tax?
To find sales tax, simply multiply the total price of the item by the sales tax percent- for example, if your tax rate was 7% and you wanted to buy a 30 dollar game, you would multiply 30 by .07 to get 2.1. You would add 2.1 on to the 30 dollars and get a total price of $32.10.
How do you subtract sales tax?
I'm kinda assuming you mean you want to find the pre-tax price of something when you know the post-tax price of that item. easiest way to do that is to cross-multiply. let's say your sales tax rate is 7%, then a pre-tax amount of $1 would equal $1.07 after tax. that ratio stays the same, so if your total cost (including tax) for an item is $27.77, you can say: $1.00 X ------- = --------- $1.07 $27.77 then just solve for X: X = (1 * 27.77) / 1.07 = 25.95 just substitute your post tax price for a one dollar item in place of the $1.07, and the post tax price of your item for the $27.77 to find the pre-tax price of your item.
How do you add taxes on a price?
multiply the before-tax price by 1+the tax/100 (assuming the tax is in percent)if the price is 50, and the tax on the sale is 10%after tax price: 50 x 1.1 = 55
Do you tax on the original price or the sales price?
the answer is oringinal tax
What is the final price of a 152 item after 6 percent tax is added?
Price of item without adding tax=152 Percentage of tax to be added=6% To find the final price= 152+ 6%of 152 152+912/100 152+9.12 161.12 Hence the final price of the item is 161.12
