Sales Tax on purchase of 6.52 and total of 7.99
Publish date: 2024-06-17
Enter price and total bill:
You purchased a good for $6.52
The total bill was $7.99
What was the tax rate?
Calculate Total Tax Amount:
Tax = Total Bill - Price
Tax Amount = $7.99 - $6.52
Tax Amount = $1.47
Setup Sales Tax Equation:
Call our sales tax percent x
Sales Tax Amount = Sale Price(x)
Divide each side of the equation by x:
| x = | Sales Tax Amount |
| Sale Price |
Plug in our values
| x = | $1.47 |
| $6.52 |
x = 0.22546012269939
Sales Tax %:
Sales Tax % = Sales Tax Amount * 100
Sales Tax % = 0.22546012269939 * 100
Sales Tax % = 22.55%
What is the Answer?
Sales Tax % = 22.55%
How does the Sales Tax Calculator work?
Free Sales Tax Calculator - Given a sales price and a total bill, this calculates the sales tax amount and sales tax percentage
This calculator has 2 inputs.
What 2 formulas are used for the Sales Tax Calculator?
Tax Amount = Total Bill - Sales PriceSales Tax Percentage = Sales Tax Amount * 100/Price
For more math formulas, check out our Formula Dossier
What 5 concepts are covered in the Sales Tax Calculator?
percenta specified amount in or for every hundred. one part in every hundred.n% = n/100pricethe amount of money expected, required, or given in payment for somethingsalethe exchange of a commodity or service for money; the action of selling somethingsales taxa tax paid to a governing body for the sales of certain goods and services.taxa compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures
Example calculations for the Sales Tax Calculator
Sales Tax Calculator Video
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