Enter price and total bill:

<-- Enter Price
<-- Enter Total Bill
  

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You purchased a good for $55.00

The total bill was $58.30

What was the tax rate?

Calculate Total Tax Amount:

Tax = Total Bill - Price

Tax Amount = $58.30 - $55.00

Tax Amount = $3.30

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  =  $3.30
  $55.00

x = 0.06

Sales Tax %:

Sales Tax % = Sales Tax Amount * 100

Sales Tax % = 0.06 * 100

Sales Tax % = 6%



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What is the Answer?
Sales Tax % = 6%
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?

Tax Amount = Total Bill - Sales Price
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
Example calculations for the Sales Tax Calculator
Sales Tax Calculator Video

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