or decrease decimal . find an amount when you know the total and percentage you want to purchase a computer for $800 and must pay an additional 8.9% in sales tax. how much do you have to pay for the sales tax? in this example, you...
Find an amount when you know the total and percentage You want to purchase a computer for $800 and must pay an additional 8.9% in sales tax. How much do you have to pay for the sales tax? In this example, you want to find 8.9% of 800. Select any blank cell. Type=800*0.089, an...
Note: Operation in parentheses will be calculated first. Cell E9 contains the sale price, cell F9 contains the discount percentage. Get the amount by given total and percentage If the original price of a coat is $110, but you need to pay additional 12% in sales tax, how much you need ...
Computing Net VAT Payable on VAT “exclusive” Sales/Receipts. Total Output Tax Due or Total Vatable Sales/Receipts x 12% ... Computing Net VAT Payable on VAT “inclusive” Sales/Receipts. Total Output Tax Due or Total Vatable Sales / 1.12 x 12% What percentage is VAT? The standard rat...
You need to multiply 20 by 20% and add 20, so that is 5 + 20 = 25. So you would need to serve 5 more customers to a total of 25 customers per month, in order to achieve revenue percentage growth of 20%, assuming that revenue per customer stays the same. ...
Depending on your salary and filing status, you fall into a specific tax bracket. Each of these brackets are associated with specified tax rates and set the percentage of your gross income that you’ll pay each year. TheIRSrecently updated its information concerning the 2023 tax brackets. So,...
Step 2:Include an additional section for the tax slabs according to the old tax regime, as seen below. Step 3:First, you need to calculate the taxable income in cellB5. So, we will subtract the exemptions and deduction amount from the total income by writing the formula “=B2–B3–B4“...
(Social Security tax and Medicare tax), and depending on where you live, various state insurances for disability, unemployment, workers comp and so forth. These are not discretionary, are deducted by law and most are deducted as a percentage of gross earnings. Some have limits based on your...
, be sure to set aside enough money to cover the local taxes you will owe. If your local municipality requires local tax payments on self-employment income, you can calculate the amount due by multiplying the amount you expect to earn for the year by the percentage of the local tax....