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denis-greek [22]
3 years ago
7

How is the total price including sales tax calculated

Mathematics
1 answer:
N76 [4]3 years ago
3 0
To calculate the sales tax that is included in a company's receipts from items subject to sales tax, divide the receipts by 1 + the sales tax rate. For example, if the sales tax rate is 6%, divide the total amount of receipts by 1.06. If the sales tax rate is 7.25%, divide the total receipts by 1.0725.
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