I bought an item couple days ago.
Total: 24.99
Tax: 2.13
Total: 27.12
I figured out the it was 0.03 x 71=2.13
My question is how do you get the 71 or..How do you get the tax?
2006-10-18 10:02:14 · 6 answers · asked by atl_fella7 2 in Business & Finance ➔ Other - Business & Finance
Looks like your tax rate is 8.52%
24.99 x .0852 = 2.13
2006-10-18 10:04:28 · answer #1 · answered by Blunt Honesty 7 · 0⤊ 0⤋
where did you get the 71 from
2006-10-18 17:12:40 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Tax is figured as a percentage of your purchase. $2.13 is about 8.52% of $24.99, so your sales tax rate is 8.52%
2006-10-18 17:05:10 · answer #3 · answered by Phoenix, Wise Guru 7 · 0⤊ 0⤋
The tax is approx. 8.52%
2.13 X 100 / 24.99 = 8.52%
2006-10-18 17:06:49 · answer #4 · answered by mom of 2 3 · 0⤊ 0⤋
erm
2006-10-18 17:03:27 · answer #5 · answered by Anonymous · 0⤊ 0⤋
looks like a 8.5% tax to me.. dunno where you get 71 from
2006-10-18 17:06:55 · answer #6 · answered by bill m 3 · 0⤊ 0⤋