The amount of tax divided by the percent of tax (expressed as a decimal) will equal the original price.
To find the discount rate, subtract the sales price from the original price to determine the discount amount. Then, divide the discount amount by the original price. Finally, multiply the result by 100 to convert it into a percentage. The formula can be summarized as: Discount Rate (%) = [(Original Price - Sales Price) / Original Price] × 100.
$240.00
The sale price is 40.00
143.10
The new price is 106% = 1.06 of the original price. 1.06 x 21.25 = 22.525
purchase price x percent sales tax .... then added to the original amount
15108
To find the discount rate, subtract the sales price from the original price to determine the discount amount. Then, divide the discount amount by the original price. Finally, multiply the result by 100 to convert it into a percentage. The formula can be summarized as: Discount Rate (%) = [(Original Price - Sales Price) / Original Price] × 100.
$240.00
The original price was $104.00
34% discount
The sale price is 88.20
20%
The sale price is 40.00
The amount of money subtracted from the sales price is known as a discount. It represents a reduction in the original price of a product or service, making it more affordable for the buyer. Discounts can be expressed as a fixed dollar amount or a percentage of the sales price.
143.10
To find the discount on an item, multiply the original price by the discount percentage (expressed as a decimal), then subtract that amount from the original price. For sales tax, multiply the original price (or the price after discount) by the sales tax rate (also as a decimal). Finally, add the sales tax to the discounted price to get the total cost.