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My total sale is $101.65. I collected 6.25% sales tax. What is the formula to find out the portion of the total is the sales tax total?

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Partly this is a matter of interpretation. If $101.65 is seen as 100% then sales tax is
$101.65 x 6.25 / 100 = $6.35

However there is a flaw in this. The remainder (the sale price) is
$101.65 - $6.35 = $95.30

So what was the sales tax on this remainder?
6.35 / 95.30 x 100 = 6.67%........too much

So we should regard the $ total as 106.25% not 100%. Then the amount which was sales tax is really
$101.65 x 6.25 / 106.25 = $5.98

Posted on Apr 17, 2014

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Assuming the Belvedere Arms sells only food and drink:
a) Total sales for the week is the sum of the drink sales and food sales, £11,800 + £5,600 = £17,400
b) Sales budget is £16,200, so performance is (17,400-16,200)/16,200 = 1200/16200 = .074 which is up by 7.4%
c) Profit on food is £3,640 on total food sales of £5,600. 3640/5600 = .65 or 65%
d) Profit on drink is £8,496 on total drink sales of £11,800. 8496/11,800 = .72 or 72%
e) Total profit is £12,036 on total sales of £17,400. 12,136/17,400 = .697 or 70%

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Hide All
Percentages are calculated by using the following equation:
amount/total = percentage
Where percentage is in decimal format.
What do you want to do?


Calculate the amount if you know the total and percentage For example, if you purchase a computer for $800 and there is an 8.9% sales tax, how much do you have to pay for the sales tax? In this example, you want to find 8.9% of 800.
Example The example may be easier to understand if you copy it to a blank worksheet.

  1. Create a blank workbook or worksheet.
  2. Select the example in the Help topic. Note Do not select the row or column headers.
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  3. Press CTRL+C.
  4. In the worksheet, select cell A1, and press CTRL+V.
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1 2 A B Purchase price Sales tax (in decimal form) 800 0.089 Formula Description (Result) =A2*B2 Multiplies 800 by 0.089 to find the amount of sales tax to pay ($71.20) Note To convert a number in percentage format to a decimal, divide it by 100. For example, the sales tax in this example (8.9) divided by 100 is .089.
Calculate the percentage if you know the total and amount For example, if you score 42 points correctly out of 50, what is the percentage of correct answers?
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  3. Press CTRL+C.
  4. In the worksheet, select cell A1, and press CTRL+V.
  5. To switch between viewing the results and viewing the formulas that return the results, press CTRL+` (grave accent), or on the Formulas tab, in the Formula Auditing group, click the Show Formulas button.



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