I know this may seem simple enough but I'm drawing a huge blank.
2007-01-16 03:18:20 · 8 answers · asked by Matt B 2 in Business & Finance ➔ Taxes ➔ Canada
$284.04 / 1.14 = $249.16
Test
$249.16 x 14% = $34.88
$249.16 = $34.88 = $284.04
2007-01-16 03:40:58 · answer #1 · answered by Whiteboard Guy 3 · 0⤊ 0⤋
Easy. Divide the total by 1.14.
example item cost 3.98 + 14% tax
3.98+(.14x3.98)
3.98+0.56=$4.54
4.54/1.14=3.98
You may run into a cent or two difference with rounding up. They seldom round down in monetary transactions.
hope that helps.
2007-01-16 11:28:03 · answer #2 · answered by ttpawpaw 7 · 0⤊ 0⤋
Divide by 114 then multiply by 100 - gets you the total.
You do it on a calculator - can't do all your homework for you.
2007-01-16 11:24:22 · answer #3 · answered by Biz Guru 5 · 0⤊ 0⤋
The math is straight forward. 284.04 * 100 / 114. Must go to school in BC?
2007-01-16 11:34:21 · answer #4 · answered by xartinu33 3 · 0⤊ 0⤋
284.04 / 1.14 gives you 249.15
hope that helps....stupid tax i hate it.
and if you're from BC i think the tax should only be 13 % now since GST went to 6 %.
284.04 / 1.13 gives you 251.36
2007-01-16 11:27:03 · answer #5 · answered by Anonymous · 1⤊ 0⤋
divide the total by 1.14 to arrive at $249.15 as the original total.
2007-01-16 11:25:05 · answer #6 · answered by Homeslice 4 · 1⤊ 0⤋
284.04 / 1.14 = 249.16
now to check
249.16 x 114% = 284.04
or
249.16 x 1.14 = 284.04
2007-01-16 11:28:39 · answer #7 · answered by Jamie B 2 · 0⤊ 0⤋
284.04/1.14=249.16
249.16* 14%sales tax=284.04
2007-01-16 11:28:42 · answer #8 · answered by dzwomper 2 · 0⤊ 0⤋