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Hi!
I need you to help me find out the amount when it comes to adding taxes....

If I were to add 14% tax (Gsp + Pst), how would I do that? I know I should know but I don't, LOL

Let's say I want to know how much is $56.68 + Tax, is it equal to $64.61 ??

and $61.98 = $70.66 ?? .99 is $1.13, right? I just hate math....I know this is pretty common, but I don't deal with it, so I'm not too sure....10.65 + tax = $12.14, right??

Please answer all my questions.....And please do not make fun, this is serious!!!

Only mature answers please!!!

2007-12-10 14:46:42 · 2 answers · asked by Heartbroken 2 in Business & Finance Taxes Canada

2 answers

Enter the Dollar figure in your Calculator,
Multiply times your Tax Rate
Example: Amount= $17.95
Tax Rate= 9.25%
$17.95 X .0925=1.660375 Round to $1.66
$17.95+ $1.66=$19.61
Total cost of Item= $19.61

2007-12-10 15:47:06 · answer #1 · answered by straight foward 3 · 0 0

A simple way is to multiply the number by 1+the tax rate. IE. your taxes are 14% so multiply the amount by 1.14.

2007-12-11 20:23:31 · answer #2 · answered by supershaper83 2 · 0 0

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