Calculator: Add (Charge) 5.3% Sales Tax Rate to the Listed (Before Tax) Price, US $155.48 (USD, US Dollar). Calculate the Final Tax Inclusive Value and the Amount of the Added Sales Tax. Answer, Formula and Explanation
Add (Charge) 5.3% Sales Tax Rate to the Listed (Before Tax) Price, US $155.48 (USD, US Dollar). Detailed Calculations:
1. Calculate the 'Amount of the Sales Tax':
Formula:
Amount of Sales Tax =
Sales Tax Rate × Price without Sales Tax
Calculation:
Amount of Sales Tax =
5.3% × 155.48 =
5.3/100 × 155.48 =
5.3 ÷ 100 × 155.48 =
0.053 × 155.48 =
8.24044 ≈
(Rounded off to a maximum of 2 decimals)
8.24
2. Calculate the 'Price with Sales Tax':
Formula:
Price with Sales Tax =
Price without Sales Tax + Amount of Sales Tax
Calculation:
Price with Sales Tax =
155.48 + 8.24044 =
163.72044 ≈
(Rounded off to a maximum of 2 decimals)
163.72
Amount of Sales Tax ≈ US $8.24 (USD, US Dollars)
Price with Sales Tax ≈ US $163.72 (USD, US Dollars)
Signs: % percent, ÷ divide, × multiply, = equal, / fraction bar, ≈ approximately equal.
Writing numbers: comma ',' as thousands separator; point '.' as a decimal mark.
More Operations of Adding Sales Tax on a Purchase and Finding Total Sales Price Including Tax:
Add (Charge) Sales Tax to Listed Prices to Get Tax Inclusive Value
Sales Tax Charged Price = Price without Sales Tax × (1 + Sales Tax Rate %)