Sales Tax
How To Calculate Sales Tax In Excel?
How To Calculate Sales Tax In Excel?
we have two type of Saels Tax
- The final price include the sales tax
- The final price exclude the sales tax
Now lets find the tax value for each one
The final price include the sales tax
Net Price = 100
Tax percentage (%) = 10
Final price = ???
the equation is
Tax Value = (Net Price * Tax Percentage / 100)
Final Price = {Net Price} + {Tax Value}