basic-mathematics.com - website profile

How to calculate sales tax - Basic mathematics

How to calculate sales tax To calculate sales tax of an item, simply multiply the cost of the item by the tax rate. Exercises # 1: You buy a car for 20,000 dollars and pay 5% in tax. How much is tax? Tax = 20,000 times 5% = 20,000 times 0.05 Tax = 20,000 times 0.05 = 1,000 dollars.