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lubasha [3.4K]
3 years ago
15

How are sales taxes calculated?

Social Studies
1 answer:
loris [4]3 years ago
3 0

Answer:Sales tax is a mandatory amount that the government charges on items purchased by consumers and businesses. ... The formula for calculating the sales tax on a good or service is: selling price x sales tax rate and when calculating the total cost of a purchase, the formula is: total sale amount = selling price + sales tax

Explanation:skraghit from google.

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If GDP MP = Rs. 15,000 ,NIT=Rs500, find GDP FC .
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