how to figure sells tax?

0 ⤊

how to figure sells tax?

2006-11-01 17:46:41 · 2 answers · asked by deweyellsworth 1 in Business & Finance ➔ Taxes ➔ United States

2 answers

multiply the tax rate by the total sales.

If item is $100 and sales tax is 8.75% you would multiply 100 X .0875 answer woiuld be $8.75 hope that helps

2006-11-01 17:52:27 · answer #1 · answered by sweetsal 4 · 0⤊ 0⤋

Okay. This is how I was taught in school. First take the sale amount. Now multiply the amount of sales taxes (eg. 8%=.08) to the sale amount. Add the answer you come up with on that to the sale amount and that's what it will cost with taxes.

eg. $10.00 * .08= .80
$10.00 + .80= $10.80

Hope I didn't confuse you. I'm sure there's an easier way, but this is how I learned it.

2006-11-02 01:55:38 · answer #2 · answered by sweet.pjs1 5 · 0⤊ 0⤋