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In this condition, you can easily calculate the sales tax by multiplying the price and tax rate. Select the cell you will place the calculated result, enter the formula =B1*B2 (B1 is the price exclusive of tax, and B2 is the tax rate), and press the Enter key. And now you can get the sales tax easily. See screenshot:How do I calculate my sales tax?
How to calculate sales tax. To calculate sales tax of an item, simply multiply the cost of the item by the tax rate.What is the formula for sales tax?
To calculate sales tax of an item, simply multiply the cost of the item by the tax rate.How do you calculate the total with sales tax?
Calculating Total Cost Multiply the cost of an item or service by the sales tax in order to find out the total cost. The equation looks like this: Item or service cost x sales tax (in decimal form) = total sales tax . Once you've calculated sales tax , make sure to add it to the original cost to get the total cost.