What is the Formula for 5.30% tax? - Microsoft Community


i new exel , need assign column can figure out taxes on each item 5.30%, don't know formula that.  there out there tell me be?

sassy pat

if taxable price in b2, tax can calculated in a parallel column (e.g. c2) follows:

=round(b2*5.3%, 2)

copy formula down column.

that presumes currency, smallest coin 1/100 of unit currency (e.g dollars , cents), , according regulations of country, tax should rounded smallest coin.



Office / Excel / Other/unknown / Unknown/other



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