Calculator: Add (Charge) 6.2% Sales Tax Rate to the Listed (Before Tax) Price, US $38.99 (USD, US Dollar). Calculate the Final Tax Inclusive Value and the Amount of the Added Sales Tax. Answer, Formula and Explanation
Detailed answer:
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 =
6.2% × 38.99 =
6.2/100 × 38.99 =
6.2 ÷ 100 × 38.99 =
0.062 × 38.99 =
2.41738 ≈
2.42
(Rounded off to a maximum of 2 decimals)
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 =
38.99 + 2.41738 =
41.40738 ≈
41.41
(Rounded off to a maximum of 2 decimals)
The final answer:
(scroll down)
Amount of Sales Tax ≈ US $2.42 (USD, US Dollars)
Price with Sales Tax ≈ US $41.41 (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 this kind:
Add (Charge) Sales Tax to Listed Prices to Get Tax Inclusive Value
Sales Tax Charged Price = Price without Sales Tax × (1 + Sales Tax Rate %)
Latest Sales Tax Charged Prices
| Charge 6.2% Sales Tax to the Price of US $38.99 (USD, US Dollars) | Sep 26 22:41 UTC (GMT) |
| Charge 2.9% Sales Tax to the Price of US $1,787 (USD, US Dollars) | Sep 26 22:40 UTC (GMT) |
| Charge 6% Sales Tax to the Price of US $550 (USD, US Dollars) | Sep 26 22:40 UTC (GMT) |
| Charge 6% Sales Tax to the Price of US $550 (USD, US Dollars) | Sep 26 22:40 UTC (GMT) |
| Charge 2.9% Sales Tax to the Price of US $1,786 (USD, US Dollars) | Sep 26 22:40 UTC (GMT) |
| Charge 89% Sales Tax to the Price of US $173 (USD, US Dollars) | Sep 26 22:40 UTC (GMT) |
| Charge 2.5% Sales Tax to the Price of US $51.5 (USD, US Dollars) | Sep 26 22:38 UTC (GMT) |
| Charge 10% Sales Tax to the Price of US $1,584 (USD, US Dollars) | Sep 26 22:38 UTC (GMT) |
| Charge 0.73% Sales Tax to the Price of US $1,202 (USD, US Dollars) | Sep 26 22:38 UTC (GMT) |
| Charge 8.25% Sales Tax to the Price of US $384 (USD, US Dollars) | Sep 26 22:38 UTC (GMT) |
| Charge 8.25% Sales Tax to the Price of US $16.99 (USD, US Dollars) | Sep 26 22:37 UTC (GMT) |
| Charge 0.73% Sales Tax to the Price of US $1,201 (USD, US Dollars) | Sep 26 22:37 UTC (GMT) |
| Charge 20% Sales Tax to the Price of US $135 (USD, US Dollars) | Sep 26 22:37 UTC (GMT) |
| All Sales Tax Charged Prices |
Sales Tax Amount and Sales Tax Rate
What is the "Sales Tax"? What is the "Sales Tax Rate"?
- A sales tax is a consumption tax imposed by states, counties or/and cities and municipalities on the sale of goods and services.
- The sales tax is paid by the final consumer to the retailer at the point of sale as a percentage of the selling price of the sold good or service.
- This percentage, called the Sales Tax Rate, varies from state to state, in California for example there is a general sales tax rate of around 6%.
Formulas: How to calculate the total final price of a good or service? How to charge the sales tax to the selling price?
- "Sales tax amount" = "Sales tax rate%" × "Price without sales tax"
- "Sales tax charged price"
- = "Price without sales tax" + "Sales tax amount"
- = "Price without sales tax" + "Sales tax rate%" × "Price without sales tax"
- = (1 + "Sales tax rate%") × "Price without sales tax"
Example on how to calculate the Sales Tax
- Let's say that a person who lives in an area where the sales tax rate is 5% bought some cider for $50 dollars, then that person would have to pay a total of:
- 5% × $50 = 5/100 × $50 = $250/100 = $2.5 dollars in sales tax.
- And the total bill containing the sales tax would be in the end: $50 dollars + $2.5 dollars = $52.5 dollars.