Citizen CT-555 - Tax calculation examples; Setting 8% rate; Cost is $120 with 8% Tax; Cost is $129.6 Reduce 8% Tax

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Setting 8% rate
[ON/AC]
[SET](PUSH FOR 3”SEC)
[8] [SET]
0.
TAX% 0.
TAX% 8.
Cost is $120
with 8% Tax
Tax
[ON/AC]
120
[TAX+]
[TAX+]
0.
120.
TAX+ 129.6
TAX
9.6
Cost is $129.6
Reduce 8% Tax
Tax
[CE/C]
129.6
[TAX-]
[TAX-]
0.
129.6
TAX- 120.
TAX
9.6
Check tax rate [ON/AC]
[SET](PUSH FOR 3”SEC)
0.
TAX% 8
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