55 items are filed under this topic.
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Price before VAT and a discount |
2018-11-15 |
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From Carol:
I bought a computer for £330.
The selling price included VAT at 20%.
Then I was allowed a staff discount of £30.
What was it’s original price before the VAT and staff discount?
Answered by Penny Nom. |
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Pre tax and post tax percentages |
2018-05-22 |
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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. |
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Formula when i know the GST total |
2017-10-31 |
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From Duncan:
HI - I've added up the GST from a pile of receipts and would like to know what the total cost of goods would be without GST. I don't want to add up 100's of receipts again with the cost before GST but I do need this total cost.
i.e.) I know I paid $400 GST, what would the formula be to find out the cost of what I purchased before taxes? Your help is much appreciated!
Answered by Penny Nom. |
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formula when i know the GST total |
2017-10-31 |
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From Duncan:
HI - I've added up the GST from a pile of receipts and would like to know what the total cost of goods would be without GST. I don't want to add up 100's of receipts again with the cost before GST but I do need this total cost.
i.e.) I know I paid $400 GST, what would the formula be to find out the cost of what I purchased before taxes? Your help is much appreciated!
Answered by Penny Nom. |
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A sales tax of 7% |
2016-12-07 |
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From Kenneth:
Hello:
If a sales tax of 7% is placed on every $1.00 of merchandise for sale, is it correct to indicate
the tax as 7%/ per $1.00 or 7%/$1.00? If the calculation is expressed as 7%/$1.00 X $5.00,
the tax is not $0.35 but 0.35. Is a tax rate of 7% incorrectly represented as 7%/$1.00
since the dollar unit cancels from the multiplication?
I thank you for your reply.
Answered by Penny Nom. |
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Two tax rates |
2016-04-21 |
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From Vishal:
Total amount paid annually $444 for 2014 which is inclusive for tax.
tax rate for first six month is 7% then it is changed to 15% for second six months.
calculate the total basic amount paid before tax.
the basic amount on which tax paid in first and second six month is same.
Answered by Penny Nom. |
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The original price before a discount and taxes |
2015-12-09 |
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From Michelle:
Good day,
I would like to know if there is a particular equation to validate the following information:
I had to find the original cost of an item sold for 759.36$ 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. |
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Sales tax |
2015-05-05 |
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From Adalyn:
Hello i've been having some trouble with math, The question is asking for a GST
and a PST
of a 30.00 dollar shirt. I don't know how to find the GST or the PST please help
Answered by Penny Nom. |
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The cost before the sales tax |
2014-04-13 |
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From Juanda:
Hello,
I know the customer cost with tax and I know the sales tax.
How do I find out the customer cost prior to the added sales tax?
Thank you
Answered by Penny Nom. |
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If I know only the tax amount, how do I figure out total cost? |
2013-08-11 |
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From Patric:
If I know only the tax amount, how do I figure out total cost?
Answered by Penny Nom. |
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GST and PST |
2013-07-22 |
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From Bev:
Total sales revenues are 116391.38 this amount includes 5% GST and 80% of this amount includes a 7% provincial tax. The other 20% is PST exempt. GST is included in all. How do I figure the PST I owe?
Answered by Penny Nom. |
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How much does Sara get to take home |
2013-06-05 |
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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. |
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Quebec taxes |
2013-02-06 |
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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. |
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What is the 5% GST |
2010-11-27 |
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From Louise:
I am doing our business books and could you please tell me how to
figure out how to calculate what the 5% GST would be on a total.
Such as in example.....$78.79 total figure.....what would be the GST
portion. How do you figure it out. ??
Thanks
Answered by Stephen La Rocque. |
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A taxi ride |
2010-09-22 |
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From Jack:
A taxi ride costs you $2 for the first km and 10 cents for each tenth of a km thereafter.
Sketch a graph of the total cost $C(x) for a ride of xkm, for 0 < x < 2. Hint: The
graph is not smooth.
How will I start this question off? I tried the table of values method, and then graphed it, but it comes out as smooth,
Answered by Stephen La Rocque. |
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Sales taxes in Quebec |
2010-04-28 |
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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. |
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Total tax |
2010-03-31 |
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From Keli:
if the gst in Ontario is 5% and the pst is 8% the total tax would be 13%. How come the total tax is 1.13? Shouldn't it be 0.13?
Answered by Robert Dawson and Tyler Wood. |
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GST and PST |
2010-03-24 |
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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. |
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The price before tax |
2010-02-15 |
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From dawn:
the sale tax on a cape was 6%,and total price with tax was $92.75,what was the price of the cape?
Answered by Penny Nom. |
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Mill |
2010-01-26 |
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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. |
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GST and PST |
2009-11-30 |
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From anne:
i have a total amount15.81.i need to find out the amount of gst(5%) and the pst(7%) that i paid within that amount of 15.81
Answered by Penny Nom. |
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The taxable part of an invoice |
2009-08-25 |
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From Carol:
Question from CAROL:
THE INVOICE TOTAL IS 2731.90 BUT IT DOES NOT SHOW WHAT THE NET AMOUNT IS
THAT THE STATED GST OF 121.90 IS. HOW DO I CALCULATE THE NET AMOUNT THAT
THIS GST AMOUNT REFERS TO?
Answered by Harley Weston. |
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A taxi charges .20 every 1/9th of a mile |
2009-03-03 |
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From ronald:
i need to know if a taxi charges .20 every 1/9th of a mile and i have to go 6.55miles how much would that be?
Answered by Robert Dawson. |
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More on the gst |
2009-02-23 |
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From melissa:
I need to know the amount of gst that was in the amount of 630.67? How do you figure this out? I don't need the amount of gst after, but the gst included?
Answered by Penny Nom. |
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Calculate the GST paid from the total |
2009-01-22 |
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From Claude:
I need to know the GST I paid for irems bought. What is the simple formula to calculate the GST paid from the total. Some merchants do not clearly indicate the amount of GST on their sale receipt.
Answered by Harley Weston. |
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PST and GST |
2009-01-20 |
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From janet:
Hello
I need to figure what one would pay pst 8% gst 5% on a total of $1700.00
I have a small business some pay with cash I need to calculate the taxes in reverse Can you help with formula that the government might like
Thank you
Janet
Answered by Harley Weston. |
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Taxes in Taxylvania |
2008-10-22 |
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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 $27,000. What percentage of his income should he give to charity to maximize the money he has after taxes and charitable giving?
Answered by Harley Weston. |
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Cost before and after the GST |
2008-10-01 |
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From bruce:
Hi, i seem confused on this topic:
If i need to add say 10% GST to a cost then i would times it by 1.1.
If i need to reduce the cost by 10% then i need to divide it by 1.1. that is all well and good.
What if i need to add 12%, 18% or 20% what is the formula then?
Answered by Penny Nom. |
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The selling price |
2008-09-04 |
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From Robert:
Client wants to sell his property providing he is left with 100000.00$ 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. |
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GST and PST |
2008-08-25 |
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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. |
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Percent difference? |
2008-06-14 |
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From Cathy:
I am trying to verify a "percent of difference" as stated on a tax form. I cannot seem to come up with the equation to do so.
Here are a few examples on the form:
Last year $62.91 this year $66.05 tax difference $3.14 percent difference -5.64%
Last year $ 2014.97 this year $1982.93 tax difference $-32.04 percent difference 57.56%
Last year $97.66 this year $79.58 tax difference $-18.08 percent difference 32.48%
I have tried several different ways and per some of Q&A's already on your site I still have a problem and would appreciate some assistance.
Thanks-Cathy
Answered by Penny Nom. |
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What is the GST component? |
2008-06-11 |
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From Jilly:
I need to find a quick and easy formula for finding the gst (10%) of the total amount in $ terms, eg: the total is $500 what is the gst component?
Answered by Penny Nom. |
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5% tax on $1,500.00 |
2008-03-26 |
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From Kay:
If a sales tax is 5% on $1.500.00 car. What would be the total?
Answered by Penny Nom. |
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GST and PST |
2008-02-28 |
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From Donna:
If I have a total amount and would like to know the amount of GST paid (5%) and I would have also paid PST (7%) in the total, can you give me a number to multiply by to get the answer
Answered by Penny Nom. |
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How much tax does Zoe have to pay? |
2008-02-11 |
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From Kelly:
Rahsad pays $6.30 tax for a pair of shoes that is priced at $45.
His friend Zoe purchases another pair of shoes on sale for $25 in the same store.
How much tax does Zoe have to pay?
Solve the problem in two ways. Show your work.
What assumptions did you make?
Answered by Penny Nom. |
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The cost before tax and shipping |
2008-02-06 |
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From jonathan:
Please explain how to solve this problem. I know you have to work backwards. If i have $125 to spend, how do I know the most I can spend before adding 6% tax and 9% shipping.(shipping is cost before tax) I can only figure this out by trial and error. I know there is a better way
Answered by Penny Nom. |
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The 5% GST |
2008-01-03 |
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From Kim:
If I have spent $1700 what portion is GST now that the rate has dropped to 5%?
Answered by Stephen La Rocque. |
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How much can Daisy spend? |
2007-10-14 |
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From Math:
Daisy has $25.00 to spend on dinner. Her sister tells her to leave 18% of the bill as a tip and
the sales tax is 8% of the bill. What is the maximum amount she can spend on dinner in order to cover
the meal, sales tax, and the tip?
Answered by Penny Nom. |
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What is the taxable amount? |
2007-10-02 |
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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. |
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GST and PST |
2007-08-11 |
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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. |
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The cost of some groceries |
2007-07-18 |
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From A student:
Two boxesof the cereal and our four cans of the pears were boutht at grocery store,the cereal cost $2.29per box and the pears cost 79cent per can.sales tax is 6% what was the total cost of the food diregerding ?
Answered by Penny Nom. |
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Calculating sales taxes |
2007-07-11 |
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From Tonya:
Hi, Im having trouble calculating GST and PST
I know that in this province, GST is 6% and PST is 7%, I have a total of $275, and GST is 0.06, and PST is 0.07, so do I add those two and multiply them by the total, $275?
Answered by Stephen La Rocque. |
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Reverse Calculation of GST and PST in Quebec |
2007-05-03 |
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From Derek:
Could you please tell me how to figure out the PST and GST paid on an item.
Example: I paid $10 total (including taxes) and the GST is 6% and the PST is 7.5%, HOWEVER, in Quebec, we pay the PST on the sub-total+GST.
Thanks, Derek
Answered by Stephen La Rocque. |
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What is the Sales Tax? and Shipping? |
2007-04-24 |
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From Mark:
1 Item $4020.44
1 Item $1749.86
1 Item $11455.62
Total 17,225.92
The sales tax and shipping is included in the total. The sales tax rate is 8.75%
What is the Sales Tax? and Shipping?
Answered by Stephen La Rocque. |
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A 3% tax |
2006-05-10 |
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From Stacey:
Illinois residents have to calculate their state income tax as 3% of their taxable income. If Mr. and Mrs. Grisham's taxable income for 2004 was $81,200, how much tax did they have to pay?
Answered by Penny Nom. |
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Reverse pecentage |
2005-03-01 |
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From Nathan:
Question for you. If I have spent $10.00, what is the mathamatical equation to
figure out what the G.S.T (7%) was?
Also if I were to spend $80.00 on a hotel, and I would like to know how much
G.S.T (7%) and how much provincial tax (6%) I spent how would I go about this.
Answered by Penny Nom. |
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Sales before tax |
2005-02-09 |
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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. |
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GST and PST |
2004-02-26 |
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From Mallory:
I was absent on the day that my teacher taught the class how to find the GST and PST of items. I sort of understand that GST is 7% and PST is 7.5%, but our teacher said that we shouldn't combine the two to find the total amount... I'm really confused, so can you please help me?&
Answered by Claude Tardif. |
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pst and gst |
2003-06-24 |
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From Robin:
I need to find an easy solution to remembering how to calculated the gst and pst once I have the total amount. ex: my total is $154.40, I have to find the gst and then the pst. I live in bc so the taxes are 7% for gst and 7.5% for pst.
Answered by Penny Nom. |
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How much of that total is G.S.T? |
2002-04-24 |
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From Darlene:
If I have $1700.00 how much of that total is G.S.T? not 1700.00 + gst ____ + _____ gst = 1700.00
Answered by Patrick Maidorn. |
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8% tax |
2002-01-15 |
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From A student:
total price including tax is $13359.60
8% tax was paid
What is the dollar amount of tax paid?
Answered by Penny Nom. |
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Calculating the tax |
2000-12-22 |
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From A grocer:
I have a small grocery store. I have a bag of money containing $325. This represents the mornings receipts and a tax of 5.75% is included in the total. How can I separate the gross take from the tax take so that I'll know how much is mine and how much is the state's?
Answered by Penny Nom. |
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Net, gross and vat |
2000-11-20 |
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From Chris:
I have my gross but want to find out the net so I know how much the VAT is?
Answered by Penny Nom. |
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Taxis in Chicago |
2000-03-27 |
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From A high school student high school student:
Suppose that taxis pick up and deliver passengers in Chicago, which is divided into three zones. Records kept by the drivers show that of the passengers picked up in Zone 1, 50% are taken to a destination in Zone 1, 40% to Zone 2, and 10% to Zone 3. OF the passengers picked up in Zone 2, 40% go to Zone 1, 30% to Zone 2, and 30% to Zone 3. Of the passengers picked up in Zone 3, 20% go to Zone 1, 60% to Zone 2 and 20% to Zone 3. Suppose that at the beginning of the day, 600 of the taxis are in Zone 1, 100 in Zone 2, and 300 in Zone 3. What is the distribution of taxis in the various zones after all have had two riders?
Answered by Harley Weston. |
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Taxicab geometry |
2000-01-16 |
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From Jack:
Im doing an investigation entitled 'taxicab geometry', ive attempted it and have done most of the practical part of it. But i cant seem to see the equation behind it all. please guide me in the right direction. They provide a regular grid with regular horizontal and vertical lines. The lines are roads and the actual squares are blocks of hoouses/ buildings. In taxicab geometry the distance between place A & B is worked out by adding together the horizontal and vertical distances. each square is counted as i unit. Part 1 (I've done this) A taxix cab firm is based at A. the posistion B is 7 units away from A. investigate all the posistions of B at 7 units. investigate for different distances. .
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Answered by Penny Nom. |
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