Calculator: Add (Charge) 7.8% Sales Tax Rate to the Listed (Before Tax) Price, US $29.99 (USD, US Dollar). Calculate the Final Tax Inclusive Value and the Amount of the Added Sales Tax. Answer, Formula and Explanation
Add (Charge) 7.8% Sales Tax Rate to the Listed (Before Tax) Price, US $29.99 (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 =
7.8% × 29.99 =
7.8/100 × 29.99 =
7.8 ÷ 100 × 29.99 =
0.078 × 29.99 =
2.33922 ≈
(Rounded off to a maximum of 2 decimals)
2.34
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 =
29.99 + 2.33922 =
32.32922 ≈
(Rounded off to a maximum of 2 decimals)
32.33
Amount of Sales Tax ≈ US $2.34 (USD, US Dollars)
Price with Sales Tax ≈ US $32.33 (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 %)