How Do You Figure Tax Amount Backwards?


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You need to know your tax rate then you can figure out how much tax you were charged.

If you your total is $100 and your tax rate is 8.75% then the item cost was $91.95 and the tax paid was $8.05.

Figure this simply by dividing 100 by 1.0875 to get 91.95 then subtract 100 - 91.95 to get 8.05

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