SALES TAX CALCULATER

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Sales Tax Calculator

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About this: A sales tax calculator is a tool that helps you determine the total cost of a purchase by including the applicable sales tax. Sales tax is a percentage of the sale price that is collected by the government on the sale of goods and services. Here's a simple explanation of how a sales tax calculator works: Enter the Purchase Amount: You start by entering the total amount of your purchase into the calculator. This is the price of the item or service before any taxes are applied. Select the Sales Tax Rate: Sales tax rates vary by location and can include state, county, and local taxes. You need to input the correct sales tax rate for the location where the purchase is made. This rate is usually expressed as a percentage. Calculate Sales Tax: The calculator multiplies the purchase amount by the sales tax rate to determine the amount of sales tax owed. The formula is: Sales Tax = Purchase Amount × ( Sales Tax Rate 100 ) Sales Tax=Purchase Amount×( 100 Sales Tax Rate ​ ) Add Sales Tax to the Purchase Amount: The calculator then adds the calculated sales tax to the original purchase amount to get the total cost of the transaction. Total Cost = Purchase Amount + Sales Tax Total Cost=Purchase Amount+Sales Tax Display Results: The calculator displays the total cost, including the sales tax. This is the amount you will need to pay for your purchase. For example, if you have a $100 purchase and the sales tax rate is 7%, the calculator would compute the sales tax as $100 \times \left(\frac{7}{100}\right) = $7. The total cost would then be $100 + $7 = $107. It's important to note that sales tax rates can vary widely depending on your location, and some items or services may be exempt from sales tax. Always check the current sales tax rates and regulations in your specific area.