powerOne™
16
Infinity Softworks
Sales Tax
Sales Tax
The sales tax worksheet
computes tax before or after
sales tax, or the tax rate itself.
•
Before Tax
: the amount
before taxes.
•
Tax Rate%
: the tax rate as
a percentage.
•
After Tax
: the amount after
taxes.
Example:
The local tax rate is 5.5% You have a maximum of $70
to spend on clothing. What is the maximum amount of clothing
you can purchase and still have enough to pay for the tax?
Key
Entry
Comments
Clear…
Sets the display to its default values
Tax Rate%
5.5
After Tax
70
Compute the before tax amount by selecting “CPT” on the same
line. You can have a maximum of $66.35 worth of clothing.
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