Menu Calculator: Add (Charge) 6.5% Sales Tax Rate to the Listed (Before Tax) Price, USD 899 (dollars). Calculate Tax Inclusive Value, Added Amount
Sales tax rate: 6.5%; Price without tax: $899 dollars; Amount of sales tax ≈ $58.44 dollars; Price with sales tax ≈ $957.44 dollars; Detailed calculations below:
Detailed answer:
Amount of sales tax = Sales tax rate × Price without sales tax = 6.5% × 899 = 6.5 /100 × 899 = 0.065 × 899 = 58.435 ≈ 58.44;
Price with sales tax = Price without sales tax + Amount of sales tax = 899 + 58.435 = 957.435 ≈ 957.44;
Signs: % percent, ÷ divide, × multiply, = equal, ≈ 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.