How to Calculate Tax and Discounts

Introduction

This guide explains how to calculate tax and discounts.

Steps to Calculate Tax and Discounts

  1. Enter the Original Price:
    Enter the starting price.

  2. Enter the Tax Rate:
    Enter the tax percentage.

  3. Enter the Discount Rate: Enter the discount percentage.

  4. Calculate the Final Price:
    The final price will be displayed automatically.

Formulas

Price with Tax = Original Price + (Original Price * (Tax Rate / 100))

Price with Discount = Original Price - (Original Price * (Discount Rate / 100))

Example

If the original price is $100, the tax rate is 8%, and the discount rate is 10%, what is the final price?

Price with Tax = 100 + (100 * (8 / 100)) = $108

Price with Discount = 108 - (108 * (10 / 100)) = $97.2

Calculate tax and discounts easily!

Use Percentage Calculator