radicalmoney radicalmoney
  • 06-05-2019
  • Business
contestada

Sales tax is calculated

Respuesta :

lenae15 lenae15
  • 07-05-2019

To calculate sales tax you must:

1. Know the sales tax rate

2. Use the sales tax formula which is

Sales Tax = Total Sales X Sales Tax Rate

Example:

You have a business and you must collect a sales tax at a rate of 8.00%. Your customer bill before adding tax is $399.

Sales tax = $399 times 0.08

Sales tax would be $31.92.

$399 + $31.92 = $430.92 would be the total including sales tax.

Answer Link
User1350 User1350
  • 06-06-2019

B. using a percentage of the price of an item.

Answer Link

Otras preguntas

Train A leaves Westtown and travels at 50 mph toward Smithville, 330 miles away. At the same time, Train B leaves Smithville and travels at 60 mph toward Westto
find the slope and intercept of the line 3x+3y=63
When writing a repeating decimal as a fraction, why does the fraction always have only 9s
the right ventricle pumps blood to the _____ a.body b.lung while the left ventricle pumps blood to the ___ a.body b.lung
Which of these are chemical compounds? O2 H2O CO2 N2
Simplify 4^2 ⋅ 4^8. *4^16 *4^10 *16^16 *16^10 (("Be a homie n figure dis out for me plzz XD"))
why did christopher columbus end up enslaving the native americans and treating them harshly?
todos los viernes ellos ______________ el carro. (lavar)
marlins won 84 out of 162 games. what was the ratio of wins to total games?
_____ are simple sugars. Monosaccharides Polysaccharides Disaccharides Lipids