Suppose the selling price or total price of some product is $ 87 and the prevailing tax rate is 30%
you can find out the amount of tax charge by following formula
87*30/130= 20.1
now the original amount would be equal to $87-20.1= 66.9
Proof of calculation:
66.9 * 30/100 = 20.1
66.9+20.1= $87
Multiply the price by 1.08875. Try it with an easy figure - say the price is 100, including the sales tax this would be 108.875 (108.88 to two decimal places). If the original price was 50, then the total including the sales tax would be 50.044375 (50.04 to two places)
If only the total price was recoded and you do not know the tax rate, you cannot.
8.5% of $20,000 is 8.5 x $20,000 / 100 or $1,700, so the total price would be $21,700
The total price is $24.13
We're not sure what the question is.If $171.18 is the total cost including sales tax, then the original price isP = $171.18/1.08If the original number on the price-tag is $171.18 beforesales tax,then the total cost will beCGB = ($171.08) x (1.08)
Original Price = Total / (1 + Tax)
Multiply the price by 1.08875. Try it with an easy figure - say the price is 100, including the sales tax this would be 108.875 (108.88 to two decimal places). If the original price was 50, then the total including the sales tax would be 50.044375 (50.04 to two places)
purchase price x percent sales tax .... then added to the original amount
If only the total price was recoded and you do not know the tax rate, you cannot.
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.
8.5% of $20,000 is 8.5 x $20,000 / 100 or $1,700, so the total price would be $21,700
The total price is $24.13
We're not sure what the question is.If $171.18 is the total cost including sales tax, then the original price isP = $171.18/1.08If the original number on the price-tag is $171.18 beforesales tax,then the total cost will beCGB = ($171.08) x (1.08)
The sales tax will be $1.24 which will equal to $16.19 as the total price.
The total tax is $0.16 and the total price with tax is $2.75.
Call the percentage off ' P '. The original price was (sell-price) divided by (1 - .01P)
The total with sales tax is 1,575.00