- Oct 14, 2000
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Originally posted by: milon
Why and how do they figure the tax on the $20 coupon?
From scoreadeal?s Receipt #2:
Coupon #6160 Disc 20.00-
WA 8.80% Sales Tax 2.46
$2.46 is 12.3% tax. What am I missing?
I don't think the Tootsie Rolls are taxed. If you count those out, the first $4.04 sales tax = 8.8%.
$50.94 - $4.99 - $20.00 = $25.95 * 0.088 = should be $2.28 without Tootsie Rolls, not $2.46, there must be some weighted average factor thrown in when you use a coupon, but I'm not complaining over 18 cents!