what is meant by net price? does it include excise duty? If included, how is it claculated
the answer is oringinal tax
If the tax is 10 percent and the price of the item is $1.00 then you simply calculate 10% of 1.0. = 10 cents and add it to the original price. You would charge the person $1.10 (including...
Yes, airfare prices include all applicable taxes, airport fees and security surcharges. There are no additional fees.
First you calculate the tax, then you add it. If the tax is, for example, 5%, you calculate price x 5 / 100 to get the tax amount.