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

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