Calculator: Add (Charge) 6.85% Sales Tax Rate to the Listed (Before Tax) Price, US $31.57 (USD, US Dollar). Calculate the Final Tax Inclusive Value and the Amount of the Added Sales Tax. Answer, Formula and Explanation
Add (Charge) 6.85% Sales Tax Rate to the Listed (Before Tax) Price, US $31.57 (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 =
6.85% × 31.57 =
6.85/100 × 31.57 =
6.85 ÷ 100 × 31.57 =
0.0685 × 31.57 =
2.162545 ≈
(Rounded off to a maximum of 2 decimals)
2.16
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 =
31.57 + 2.162545 =
33.732545 ≈
(Rounded off to a maximum of 2 decimals)
33.73
Amount of Sales Tax ≈ US $2.16 (USD, US Dollars)
Price with Sales Tax ≈ US $33.73 (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 %)