A Sales Tax Calculator is a tool designed to quickly and accurately compute the total cost of a purchase, including applicable sales tax. It typically takes as input the subtotal amount (the cost of goods or services before tax) and the sales tax rate. The calculator then applies the tax rate to the subtotal, providing users with the final total cost that includes taxes.
This tool is particularly useful for individuals and businesses to plan and budget for expenses, ensuring transparency in financial transactions and aiding in adherence to tax regulations. The Sales Tax Calculator simplifies the process of determining the full cost of a purchase, streamlining financial decision-making.
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