the way I learned was to add the percent of tax on to 100% and multiply whatever your taxing by that. for example: 6% tax on a $7 item 106% times $7.
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Percents are used to calculate tax on EVERY store purchase,and to calculate discounts on every "special" or "bargain".If you can't calculate percents, you can't catch mistakes or avoid being cheated.
Here are a few examples: -- Math is used to calculate the length of runway required to land a fully loaded C5A Galaxy cargo craft with a 10 knot headwind. -- Math is used to calculate the amount to be withheld from an airman's paycheck for income tax and social security. -- Math is used by the NCO Club's Sergeant at Arms to decide after how many drinks he should start keeping an eye on the Staff Sergeant at the corner table.
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If the tax is 10 percent and the price of the item is $1.00 then you simply calculate 10% of 1.0. = 10 cents and add it to the original price.You would charge the person $1.10 (including tax).The simple way to calculate the final price mathematically is to express the percent as a decimal and add 1 to it. Then multiply the price by this number.I.e If the tax is 5.6% you would express this a 0.056 + 1 = 1.056 and multiple the pre tax price by this number.
First you calculate the amount of the tax on the item. Then you add together the original cost of the item and the tax.