Ex:
subtotal $840.00
tax $50.40
Total $890.40
How would you add 18% to that? please help
2007-10-25 09:50:51 · 5 answers · asked by Jenn 1 in Business & Finance ➔ Taxes ➔ United States
$(840 X .18) + 50.40 + 840 = $1041.60 (the tip is $151.20)
2007-10-25 16:01:56 · answer #1 · answered by Scott K 7 · 0⤊ 0⤋
Actually, you NEVER add gratuity to the tax, only the basic bill. Multiply $840 * .18 to get the gratuity -- $151.20 in this case.
2007-10-25 18:09:41 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
Generally you would just double the tax. That usually comes to about 16%. If you want to be exact, multiply the total by .18.
Judy is wrong, you would multiply by 1.18 to get the total plus gratuity.
2007-10-25 17:01:20 · answer #3 · answered by Gypsy Girl 7 · 0⤊ 1⤋
your tax on the expense was 6%.
So just multiply the tax amount by 3.
simple rule 3 to 4 times the tax amount = tip, this covers most of the states (depending on total tax rate).
2007-10-25 17:25:36 · answer #4 · answered by alexis 1 · 0⤊ 0⤋
890.40 * .18 would be the gratuity, or 890.40 * 1.08 would be the total including gratuity
2007-10-25 16:55:06 · answer #5 · answered by Judy 7 · 0⤊ 2⤋