Sales Tax Amount Calculator

✖Price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services.ⓘ Price [P]			+10% -10%
✖Sales Tax Percentage is the percentage of the sales tax imposed on goods and services.ⓘ Sales Tax Percentage [ST]			+10% -10%

✖Sales Tax Amount is the amount of consumption tax imposed by the government on the sale of goods and services.ⓘ Sales Tax Amount [STA]

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Formula

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Sales Tax Amount

Formula

`"STA" = "P"*("ST"/100)`

Example

`"56.25"="900"*("6.25"/100)`

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Sales Tax Amount Solution

STEP 0: Pre-Calculation Summary

Formula Used

Sales Tax Amount = Price*(Sales Tax Percentage/100)
STA = P*(ST/100)
This formula uses 3 Variables

Variables Used

Sales Tax Amount - Sales Tax Amount is the amount of consumption tax imposed by the government on the sale of goods and services.
Price - Price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services.
Sales Tax Percentage - Sales Tax Percentage is the percentage of the sales tax imposed on goods and services.

STEP 1: Convert Input(s) to Base Unit

Price: 900 --> No Conversion Required
Sales Tax Percentage: 6.25 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

STA = P*(ST/100) --> 900*(6.25/100)

Evaluating ... ...

STA = 56.25

STEP 3: Convert Result to Output's Unit

56.25 --> No Conversion Required

FINAL ANSWER

56.25 <-- Sales Tax Amount

(Calculation completed in 00.004 seconds)

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Credits

Created by Team Softusvista

Softusvista Office (Pune), India

Team Softusvista has created this Calculator and 600+ more calculators!

Verified by Himanshi Sharma

Bhilai Institute of Technology (BIT), Raipur

Himanshi Sharma has verified this Calculator and 800+ more calculators!

< 6 Tax Calculators

Taxable Income for Corporation

Go Taxable Income for Corporation = Gross Sales-Cost of Goods Sold-Operating Expense-ceil(Interest Expense)-Tax Deduction

Taxable Income for Individual

Go Taxable Income for Individual = Gross Total Income-ceil(Total Exemptions)-Total Deductions

Sales Tax Amount

Go Sales Tax Amount = Price*(Sales Tax Percentage/100)

Tax Equivalent Yield

Go Tax Equivalent Yield = Tax Free Yield/(1-Tax Rate)

Effective Tax Rate

Go Effective Tax Rate = Tax Expense/Pre Tax Income

Total Sales Tax

Go Total Sales Tax = Price+Sales Tax Amount

Sales Tax Amount Formula

Sales Tax Amount = Price*(Sales Tax Percentage/100)
STA = P*(ST/100)

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 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 (P) & Sales Tax Percentage (ST) 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 = P*(ST/100) or Sales Tax Amount = Price*(Sales Tax Percentage/100). Price is the quantity of payment or compensation given by one party to another in return for one unit of goods or services & 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 (P) & Sales Tax Percentage (ST). With our tool, you need to enter the respective value for Price & 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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