18 items are filed under this topic.
|
|
|
|
|
|
|
|
Pre tax and post tax percentages |
2018-05-22 |
|
From Tom: Hi,
I work in a clothes shop which can also do mail-orders. 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 (3179.32-20%=2543.45).
Why is it that the difference between the VAT inclusive figures (3179.32-3093.91) is +£85.41, but
the difference between the VAT exclusive figures (2543.45-2578.26) 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 |
2015-12-09 |
|
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? |
2013-08-11 |
|
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 |
2013-06-05 |
|
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 |
2013-02-06 |
|
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 |
2010-04-28 |
|
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 |
2010-03-24 |
|
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 |
2010-01-26 |
|
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. |
|
|
|
|
|
The graph of f(x)=1/x -2 |
2009-11-29 |
|
From Kapilan: Please answer the following question:
Sketch the graph of f(x)=1/x -2 Answered by Harley Weston. |
|
|
|
|
|
Taxes in Taxylvania |
2008-10-22 |
|
From April: Taxylvania has a tax code that rewards charitable giving. If a person gives p% of his income to charity, that person pays (35-1.8p)% 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 $27,000. What percentage of his income should he give to charity to maximize the money he has after taxes and charitable giving? Answered by Harley Weston. |
|
|
|
|
|
Cost before and after the GST |
2008-10-01 |
|
From bruce: Hi, i seem confused on this topic:
If i need to add say 10% GST to a cost then i would times it by 1.1.
If i need to reduce the cost by 10% then i need to divide it by 1.1. that is all well and good.
What if i need to add 12%, 18% or 20% what is the formula then? Answered by Penny Nom. |
|
|
|
|
|
The selling price |
2008-09-04 |
|
From Robert: Client wants to sell his property providing he is left with 100000.00$ 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. |
|
|
|
|
|
Vectors and an orientation change in the axes |
2008-08-30 |
|
From moumita: what differences take place to a vector because of choice of orientation of the coordinate axes and why?? Answered by Harley Weston. |
|
|
|
|
|
GST and PST |
2008-08-25 |
|
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? |
2007-10-02 |
|
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 |
2007-08-11 |
|
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 |
2005-02-09 |
|
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. |
|
|
|
|
|
Counterclockwise |
2001-09-14 |
|
From Rolanda: When Descartes invented the coordinate system he decided to number them counter-clockwise. Why? Answered by Chris Fisher. |
|
|