Sharp EL-2630PIII

37 | P a g e
Tax Rate Cont’d
EXAMPLE 2: Perform two calculations using $840 and $525, both
of which already include tax.
Calculate the tax on the total and the total without tax. (Tax rate:
5%)
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840.
840• +
1,365.
525• +
1,365•
TX
65• -
1,3000•
1,300.