# Sales Tax on purchase of 48 and total of 51.12

## Enter price and total bill:

<-- Enter Price
<-- Enter Total Bill

You purchased a good for \$48.00
The total bill was \$51.12
What was the tax rate?

## Calculate Total Tax Amount:

Tax = Total Bill - Price
Tax Amount = \$51.12 - \$48.00
Tax Amount = \$3.12

## Setup Sales Tax Equation:

Call our sales tax percent x
Sales Tax Amount = Sale Price(x)

## Divide each side of the equation by x:

 x  = Sales Tax Amount Sale Price

## Plug in our values

 x  = \$3.12 \$48.00

x = 0.065

## Sales Tax %:

Sales Tax % = Sales Tax Amount * 100
Sales Tax % = 0.065 * 100

Sales Tax % = 6.5%

### How does the Sales Tax Calculator work?

Free Sales Tax Calculator - Given a sales price and a total bill, this calculates the sales tax amount and sales tax percentage
This calculator has 2 inputs.

### What 2 formulas are used for the Sales Tax Calculator?

1. Tax Amount = Total Bill - Sales Price
2. Sales Tax Percentage = Sales Tax Amount * 100/Price

For more math formulas, check out our Formula Dossier

### What 5 concepts are covered in the Sales Tax Calculator?

percent
a specified amount in or for every hundred. one part in every hundred.
n% = n/100
price
the amount of money expected, required, or given in payment for something
sale
the exchange of a commodity or service for money; the action of selling something
sales tax
a tax paid to a governing body for the sales of certain goods and services.
tax
a compulsory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures