What is the total cost of an item that is priced $12.50 and is subject to 6% sales tax? Submit
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What is the total cost of an item that is priced $12.50 and is subject to 6% sales tax? Submit
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- Use Exhibit 18-1 to determine the sales tax (in $) and calculate the total purchase price (in $) for the item. (Round your answers to the nearest cent.) Item Hair dryer Selling Price $17.27 $ Sales Tax Total Purchase Price $to determine the sales tax (in $) and calculate the total purchase price (in $) for the item. (Round your answers to the nearest cent.) Selling Sales Total Item Price Tax Purchase Price Hair dryer $19.29Use Exhibit 18-1 to determine Sales Tax in (K and Calculate the Total purchase price (in) for the Item. (Round Your Answer to the nearest Cent) 2 Item Hair Dryer Selling Price Sales Tax $$17.28 Total Purchase Rrice
- A) Write short note with one word or one sentence for the following – Markup, Selling price, Value added tax, Find the selling price of an item that costs RO 156, if the markup is 40% on the cost?Use Exhibit 18-1 to determine the sales tax (in $) and calculate the total purchase price (in $) for the item. (Round your answers to the nearest cent.) Item SellingPrice SalesTax TotalPurchase Price Hair dryer $19.22Find the marked price and sales tax. Total price Sales tax rate Marked price $403.61 5.9% Sales tax rate Marked price 5.9% Total price $403.61 (Round to the nearest cent.) Sales tax Sales tax $
- A retailer purchased an item from the wholesaler for OMR 1000. If the retailer sells the same item for OMR 1500. The tax rate is 10%. How much tax the customer will pay? a. OMR 250 b. OMR 50 O c. OMR 100 O d. OMR 1509. You purchase a $149.88 camera, a case for $21.88, a wide-angle lens for $127.88, and a zoom lens for $177.88. The sales tax rate is 5.2%. a. What is the total selling price of your purchases? b. What is the sales tax on your purchases? c. What is the total purchase price of your purchases?A retailer buys an article from the wholesaler at GHC 80 and the wholesaler charges a sales tax at the 1- arescribed rate of 8%. The retailer fixes the price at GHC 100 and charges sales tax at the same rate. Apply value added tax system of sales tax calculation to answer the following questions. (i) What is the price that a consumer has to pay to buy the article? (ii) Find the input tax and output tax for the retailer. (iii) How much VAT does the retailer pay to the government? 2. A shopkeeper sells an article at its marked price GHC 7500 and charges sales-tax at the rate of 12% from the customer. If the shopkeeper pays a VAT of GHC 180, calculate the price inclusive of tax paid by the shopkeeper. 3. A manufacturer printed the price of his goods as GHC120 per article. He allowed a discount of 30% to the wholesaler who in his turn allowed a discount of 20% on the printed price to the retailer. If the prescribed rate of sales tax on the goods is 10% and the retailer sells it to the…
- A camera has a listed price of $598.99 before tax. If the sales tax rate is 7.25%, find the total cost of the camera with sales tax included. Round your answer to the nearest cent, as necessary. s5. A retailer buys an article from the wholesaler at OMR 80 and the wholesaler charges a sales tax at the prescribed rate of 8%. The retailer fixes the price at OMR 100 and charges sales tax at the same rate. Apply VAT system of sales tax calculation to answer the following. a) What is the price that a consumer has to pay to buy the article? b) Find the input tax and output tax for the retailer. c) How much VAT does the retailer pay to the government?Find the amount of sales tax on a car that costs 12,800 where the sales tax rate is 6.5%