Question

formula of rate of tax for

Answer 1

The most straightforward way to calculate effective tax rate is to divide the income tax expenses by the earnings (or income earned) before taxes. For example, if a company earned $100,000 and paid $25,000 in taxes, the effective tax rate is equal to 25,000 ÷ 100,000 or 0.25. In this case, you can clearly see that the company paid an average rate of 25% in taxes on income.

Answer 2

Answer:

Step-by-step explanation:

rate of tax= si×100/ p×t

Or u need about sales tax formulae