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Money Management, Financial Planning, Saving And Investment Tips

Tax!!!!!!!!!!??????

What would tax be on 7.50? i need the answers to this question in 10 mins. or less.
it is sales tax what is the sales tax rate

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3 Responses to “Tax!!!!!!!!!!??????”

  1. key k says:

    Depends on what the tax rate is. Are you talking about sales tax or income tax. Multiply the tax rate by your total ($127.50) and that will be your tax.

  2. David B says:

    Umm, tax depends on where you are. In Los Angeles, it’s 8.25%. Your location might be higher or lower. Every city determines their own sales tax rate.

    Get the tax, for instance, 8.25%. The % sign means to move the digit to the left twice, so now you get 0.0825 . Multiply this number to the amount, and you’ll get your tax, for instance:

    0.0825 * 127.50 = 10.51875

    Round it, and it’ll be $10.52.

    If you’re buying something, and you want to add the tax automatically, change the number before the decimal place to 1, so that you get:
    1.0825 * 127.50 = 138.01875, which is $137.02 when you round it up.

  3. BeachBum says:

    If you lived in Pennsylvania, the tax would be $7.65 for a total of $135.15. If you lived in Delaware or New Hampshire the tax would be zero, as neither state has sales tax.