0
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.
2
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.
3
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.
4
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.
5
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.
6
For multiple items, simply add up the prices and multiply the subtotal by the one and the sales tax.
See related link below for more help
What else can I help you with?
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 total price of a 20000 car plus 8.5 percent sales tax how do you know?
8.5% of $20,000 is 8.5 x $20,000 / 100 or $1,700, so the total price would be $21,700
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.
How do you find the after tax price received by sellers?
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.
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 discount and sales tax of a item?
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.
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 the tax on an object?
To find the tax on an object, first determine the sales tax rate applicable in your area, which is usually expressed as a percentage. Then, multiply the object's price by the sales tax rate (in decimal form). For example, if an object costs $100 and the tax rate is 7%, the tax would be $100 x 0.07 = $7. Finally, add the tax to the object's price to find the total cost.
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.
The total cost for purchasing a swimsuit including the sales tax is $55.95 . if there sales tax is 4.55 what is the price of the swimsuit?
To find the price of the swimsuit before sales tax, subtract the sales tax from the total cost. So, $55.95 (total cost) - $4.55 (sales tax) = $51.40. Therefore, the price of the swimsuit is $51.40.
