







Pre tax and post tax percentages 
20180522 

From Tom: Hi,
I work in a clothes shop which can also do mailorders. My Head Office
has sent a report with which we can check the records we keep in store
tally with those at HO.
According to that report we have taken £2578.25 in orders, excluding VAT (20%),
which would therefore be £3093.91 including VAT (2578.25+20%=3093.91).
According to my records, we have taken £3179.32 including VAT, which would be
£2543.45 excluding VAT (3179.3220%=2543.45).
Why is it that the difference between the VAT inclusive figures (3179.323093.91) is +£85.41, but
the difference between the VAT exclusive figures (2543.452578.26) is £34.81?
Now, I can see from the report that 1 order has not been recorded by HO, and I
know that our average order value is around £30, so the £34.81 makes sense.
But surely both figures should be a minus, regardless of whether they include VAT?
I'm sure there is an obvious answer, but I just cannot see it! Any help would be gratefully
received.
Thanks,
Tom Answered by Penny Nom. 





The original price before a discount and taxes 
20151209 

From Michelle: Good day,
I would like to know if there is a particular equation to validate the following information:
I had to find the original cost of an item sold for 759.36$ before a 25% discount and 13% taxes.
I know we must use separate question to obtain the answer but I am unsure how to write the equation to validate my answer. Answered by Penny Nom. 





If I know only the tax amount, how do I figure out total cost? 
20130811 

From Patric: If I know only the tax amount, how do I figure out total cost? Answered by Penny Nom. 





How much does Sara get to take home 
20130605 

From Jessica: Sara gets paid $15.00 an hour. She worked 80 hours during the pay period. If 28% of what she earned is deducted for taxes, how much does Sara get to take home? Answered by Penny Nom. 





Quebec taxes 
20130206 

From Cheryl: can you please tell me the equation to calculate the Quebec taxes (5% & 9.975%) individually from the total?
thank you Answered by Penny Nom. 





Sales taxes in Quebec 
20100428 

From carole: I work at a company where we use transport companies and we often get credits
on their invoices. I need to know how to subtract the sales taxes from these credit amounts.
(5% TPS and 7.5% TVQ).
Is the equation: Amount / 1.05 = then this amount / by 1.075=? Answered by Penny Nom. 





GST and PST 
20100324 

From z: Hello math Central,
What is the math formula and method I can use, IN 1 STEP to extract ONLY both(pst/gst) & or gst TAXES from the total sale/purchase? Answered by Harley Weston. 





Mill 
20100126 

From Kenneth: Is a mill, as it pertains to property taxes, regarded as a unit of measure like a meter or an hour, etc? Answered by Robert Dawson. 





Taxes in Taxylvania 
20081022 

From April: Taxylvania has a tax code that rewards charitable giving. If a person gives p% of his income to charity, that person pays (351.8p)% tax on the remaining money. For example, if a person gives 10% of his income to charity, he pays 17 % tax on the remaining money. If a person gives 19.44% of his income to charity, he pays no tax on the remaining money. A person does not receive a tax refund if he gives more than 19.44% of his income to charity. Count Taxula earns $27,000. What percentage of his income should he give to charity to maximize the money he has after taxes and charitable giving? Answered by Harley Weston. 





Cost before and after the GST 
20081001 

From bruce: Hi, i seem confused on this topic:
If i need to add say 10% GST to a cost then i would times it by 1.1.
If i need to reduce the cost by 10% then i need to divide it by 1.1. that is all well and good.
What if i need to add 12%, 18% or 20% what is the formula then? Answered by Penny Nom. 





The selling price 
20080904 

From Robert: Client wants to sell his property providing he is left with 100000.00$ net.
How do I calculate selling price if commission is 6% and taxes on the commission 6% Fed and 7.5%prov.
I'm taking the real estate class and this one really got me. Answered by Penny Nom. 





GST and PST 
20080825 

From Monique: okay i live in ontario and i want to find out what my grand total will be so
i know how much i will have to pay...
so if i have a before tax total of $48.40... what will my grand total be? with
GST and PST i know that GST=5% and PST=8% Answered by Penny Nom. 





What is the taxable amount? 
20071002 

From Mark: If I know the amount of GST or PST collected is there a calculation to find out what the taxable amount was.
eg. 1.50 GST collected. GST is 6%. What is the taxable amount.
eg. 2.00 PST collected. PST is 8%. What is the taxable amount. Answered by Stephen La Rocque. 





GST and PST 
20070811 

From Cynthia: I paid $15.98 for an item. Both GST (.96) & PST ($1.12) were added for a total of $18.06. I know that .96 is GST (6%) and $1.12 is PST (7%).
Other than looking at the receipt, if all I have is the total amount paid, how do I calculate how much of the total are taxes? Answered by Penny Nom. 





Sales before tax 
20050209 

From Lynda: I know my total sales for the month, which includes sales tax. How do I get to the sales dollars before the sales tax? Answered by Penny Nom. 

