i messed up at work and didn't charge tax on this transaction. the sale was for 100.00 + tax. it would be 108.25. so! what will be the amount if i lower the sale price and the total bill is 100.00 including tax? 8.25% please help me
2007-09-05 06:54:36 · 10 answers · asked by que otro hay 4 in Business & Finance ➔ Taxes ➔ United States
$100 divided by 108.25 = $92.38
$92.38 x 8.25% sales tax = $7.62 tax
$92.38 item + $7.62 sales tax = $100.00
There you go.
2007-09-05 07:16:42 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Price + %tax = 100
price +8.25xprice/100 = 100
price (1+ 0.0825) = 100
price = 100/1.0825
price = 92.38
2007-09-05 14:02:24 · answer #2 · answered by Frederic R 3 · 1⤊ 0⤋
$92.38 is the sales price that brings the total to $100 including tax.
Good luck!
2007-09-05 14:01:01 · answer #3 · answered by Jason S 4 · 1⤊ 1⤋
How about 100/1.0825 = 92.38 sales price
so that 92.38 * .0825 = 7.62 tax
and 92.38+7.62 = $100 total
2007-09-05 14:48:47 · answer #4 · answered by mac hockey 74 2 · 1⤊ 0⤋
so easy - divide $100.00 by 1.0825 - to check it, take the result and multiply by 1.0825 - should equal $100.00
2007-09-05 13:58:38 · answer #5 · answered by Anonymous · 0⤊ 0⤋
100 divide by 1.0825 = 92.38
2007-09-05 13:59:10 · answer #6 · answered by Matrixcm 3 · 2⤊ 0⤋
100 / 1.0825 = 92.38
2007-09-05 13:58:05 · answer #7 · answered by Wayne Z 7 · 3⤊ 0⤋
just curious...
are you from seattle?
i think seattle's tax is 8 something %
2007-09-05 13:58:16 · answer #8 · answered by Anonymous · 0⤊ 0⤋
92.38
2007-09-05 14:01:50 · answer #9 · answered by So C 1 · 0⤊ 0⤋
100 - 8.25% = 91.75.
2007-09-05 14:00:52 · answer #10 · answered by Anonymous · 0⤊ 5⤋