How find out the price with tax?

Answer 1

• 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