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2 Other formulas that you can solve using the same Inputs

Yield to Maturity
Yield to Maturity (YTM)=(Coupon Payment+((Face Value-Price)/Years to Maturity))/((Face Value+Price)/2) GO
Total Sales Tax
Total Sales Tax=Price+Sales Tax Amount GO

Sales Tax Amount Formula

Sales Tax Amount=Price*(Sales Tax Percentage/100)
More formulas
Total Sales Tax GO
Tax Equivalent Yield GO

What is Sales Tax Amount?

The sales tax amount is an amount of money, calculated as a percentage, that is added to the cost of a product or service when purchased by a consumer at a retail location. A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually, laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax.

How to Calculate Sales Tax Amount?

Sales Tax Amount calculator uses Sales Tax Amount=Price*(Sales Tax Percentage/100) to calculate the Sales Tax Amount, Sales Tax Amount is the amount of consumption tax imposed by the government on the sale of goods and services. Sales Tax Amount and is denoted by STA symbol.

How to calculate Sales Tax Amount using this online calculator? To use this online calculator for Sales Tax Amount, enter Price (Price) and Sales Tax Percentage (Sales Tax %) and hit the calculate button. Here is how the Sales Tax Amount calculation can be explained with given input values -> 56.25 = 900*(6.25/100).

FAQ

What is Sales Tax Amount?
Sales Tax Amount is the amount of consumption tax imposed by the government on the sale of goods and services and is represented as STA=Price*(Sales Tax %/100) or Sales Tax Amount=Price*(Sales Tax Percentage/100). A price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services and Sales Tax Percentage is the percentage of the sales tax imposed on goods and services.
How to calculate Sales Tax Amount?
Sales Tax Amount is the amount of consumption tax imposed by the government on the sale of goods and services is calculated using Sales Tax Amount=Price*(Sales Tax Percentage/100). To calculate Sales Tax Amount, you need Price (Price) and Sales Tax Percentage (Sales Tax %). With our tool, you need to enter the respective value for Price and Sales Tax Percentage and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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