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| *Ostroff, Fair and Company>>>Canada Taxes |
I need help with something!!!?? |
well I need to figure out how to get the taxes of something, I live in ontario and I think taxes are 15% so how do I add it to the total cost of the object?? Ontario tax rate is 8% (PST) and the GST is 6%, for a total of 14%. Take the amount and multiply it by .14 Add the answer to the original purchase amount. 5.00 x .14 .7500 = $5.75 Source(s): http://www.trd.fin.gov.on.ca/userfiles/h... Multiply by 1.15 Multiply the cost of the object you want to sell by 15% and that is how much you mark it up. 1.00 = 1.15 Take the price times that amount of tax or .15 and add that total to the original price multipication take the dollar amount and multiply it by .15, then add that to the dollar amount. example: $1.00 x .15= .15, so 1.00+.15= $1.15...15cents for every dollar you spend. |
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