Calculator: Add (Charge) 12% Sales Tax Rate to the Listed (Before Tax) Price, USD 89.95 (dollars). Calculate Final Tax Inclusive Value and the Amount of Added Sales Tax
Detailed answer:
1. Calculate the 'Amount of sales tax':
Formula:
Amount of sales tax =
Sales tax rate × Price without sales tax
Calculation:
Amount of sales tax =
12% × 89.95 =
12/100 × 89.95 =
12 ÷ 100 × 89.95 =
0.12 × 89.95 =
10.794 ≈
10.79 (Rounded 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 =
89.95 + 10.794 =
100.744 ≈
100.74 (Rounded to a maximum of 2 decimals)
Answer: (scroll down)
Amount of sales tax ≈ $10.79 dollars Price with sales tax ≈ $100.74 dollars
Signs: % percent, ÷ divide, × multiply, = equal, / fraction bar, ≈ approximately equal;
Writing numbers: comma ',' as thousands separator; point '.' as a decimal mark;
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: