If you don't know the rate of sales tax and have the sales tax amount you can use this simple method for finding sales tax. Taking your numbers:
Sales amount = 714.91
Sales tax amount 55.99
The formula is
X% of Sales amount = sales tax
x/100x714.91 = 55.99
x=55.99x 100/714.91
= 7.83 percent is the answer.
Sales amount = 714.91
Sales tax amount 55.99
The formula is
X% of Sales amount = sales tax
x/100x714.91 = 55.99
x=55.99x 100/714.91
= 7.83 percent is the answer.