first you find out what kind of tax you are using. There are different kinds of taxes like sales tax (probably the one you need it for), property tax, equity tax, etc. Then once you find the percent the tax is, you just multiply it by 1.x with x being how much % it is. An example would be that you buy a 1$ candy bar. Since that is something that is sales tax let's just take an example amount like 6%. Then you would multiply the 1$ candy bar by the 1.06% sales tax and the amount you would pay would be 1.06$
hoped that helped!
You multiply the tax with the price then divide
The total tax is $0.16 and the total price with tax is $2.75.
The amount of tax divided by the percent of tax (expressed as a decimal) will equal the original price.
8.5% of $20,000 is 8.5 x $20,000 / 100 or $1,700, so the total price would be $21,700
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
You multiply the tax with the price then divide
To calculate tax when buying something, multiply the purchase price by the tax rate as a decimal. Add this amount to the purchase price to get the total cost including tax.
The total tax is $0.16 and the total price with tax is $2.75.
To find the after-tax price received by sellers, you first need to determine the tax amount imposed on the sale. Subtract this tax from the market price of the good or service. The resulting amount represents the price sellers effectively receive after the tax is deducted. For example, if the market price is $100 and a $10 tax is applied, sellers receive $90 after tax.
Original Price = Total / (1 + 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.
Multiply your price by the tax rate (in decimal form) and subtract that from your original price.
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.
The amount of tax divided by the percent of tax (expressed as a decimal) will equal the original price.
How do i find the price of a share on 01.06.1993 in order to calculate any capital gains tax liability
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)
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.