Calculator: Add (Charge) 7.75% Sales Tax Rate to the Listed (Before Tax) Price, USD 58.75 dollars. Calculate Tax Inclusive Value, Added Tax Amount
Sales tax rate: 7.75%;
Price without tax: 58.75 dollars;
Amount of sales tax ≈ 4.55 dollars;
Price with sales tax ≈ 63.3 dollars;
Detailed calculations below:
Amount of sales tax =
Sales tax rate × Price without sales tax =
7.75% × 58.75 =
7.75/100 × 58.75 =
0.0775 × 58.75 =
Price with sales tax =
Price without sales tax + Amount of sales tax =
58.75 + 4.553125 =
Signs: % percent, ÷ divide, × multiply, ≈ approximately equal;
Writing numbers: point '.' as a decimal mark;
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
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.