tax formula

N

nicola

hay i need to no the tax is a percentage of the total taxable amount what formula would i use?
the total taxable amount is 641.812
if you could help it would be awsom
 
J

JE McGimpsey

If the total taxable amount is in A1 and the tax is 5%, then


A1: 641.8125
A2: =A1*5% ===> 32.090625

Or =ROUND(A1*5%,4) ===> 32.0906
 
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