Calculate Tax Amount
How to Use
- Enter the price and the tax rate.
- Click Calculate to get the tax and total amount.
Frequently Asked Questions
- Q: What is tax?
A: Tax is an additional amount added to the price, usually expressed as a percentage. - Q: What values are required?
A: Both the price and the tax rate are required. - Q: Can the tax rate be negative?
A: No, the tax rate should be 0 or greater.
Calculation Basis
The tax and total are calculated as:
Tax = Price × Tax Rate / 100
Total = Price + Tax