Options Profit
Calculator
Call and put profit or loss at expiration.
Open the options profit calculator →Enter a tax-inclusive total and your sales tax rate to split it into the price before tax and the tax amount.
| Sales tax amount | — |
|---|---|
| Tax rate | — |
| Total paid | — |
When you only know the final price with tax already included, you can work backwards to the original price. Because the total is the pre-tax price times one plus the tax rate, dividing the total by one plus the rate recovers the pre-tax price. The tax itself is the difference.
This is handy for expense reports, bookkeeping and receipts that show only the tax-inclusive total. Enter the amount you paid and your sales tax rate to split it into the base price and the tax.
price before tax = total ÷ (1 + tax rate)
Divide the tax-inclusive total by one plus the tax rate as a decimal. From a $107 total at 7% tax, the pre-tax price is 107 ÷ 1.07 = $100, so the tax was $7.
Because the tax was charged on the smaller pre-tax price, not on the total. Subtracting 7% of the total would overstate the base price. You have to divide by 1 plus the rate instead.
It is the combined state and local rate for where the purchase was made, usually shown on the receipt. Enter that full combined percentage for an accurate split.
Call and put profit or loss at expiration.
Open the options profit calculator →Selling price, profit and margin from cost.
Open the markup calculator →Capitalization rate for a rental property.
Open the cap rate calculator →Units and revenue to cover all costs.
Open the break-even calculator →Weighted average rate across balances.
Open the blended rate calculator →