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How To Find out Percentage of TAX on Calculator Easy Way
Actual Value= 3400
Extra paid=280
Total Price=3680
To find out how much percentage of TAX you paid
Put 280 divided by 3400 and then press the percentage button %
you will get the answer which is 8.23%
To check if your answer is correct
Put 3400 + 8.23 and then press %
you will get the correct answer which is 3680
What is Tax?
A tax (from the Latin taxo) is a compulsory financial charge or some other type of levy imposed upon a taxpayer (an individual or legal entity) by a governmental organization in order to fund various public expenditures.[1] A failure to pay, along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent. The first known taxation took place in Ancient Egypt around 3000–2800 BC.
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