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    gadgetman2013's Avatar
    gadgetman2013 Posts: 1, Reputation: 1
    New Member
     
    #1

    Mar 29, 2013, 09:55 AM
    Confused over percentages on calculator
    Can anyone please explain why when I use a Canon calculator with Tax + and Tax - buttons, the answer does not seem right when I make a calculation.

    Example: Tax is set at 20%. Enter 100 press Tax+ (20%) answer = 120
    Now if I enter 100 press Tax- (20%) answer = 83.33
    I understood that 20% of 100 =20

    Why is the answer not 80 when I deduct 20%?

    If I use the procedure on the calculator 100 - 20 % = I get the answer 80

    Which is correct?
    hkstroud's Avatar
    hkstroud Posts: 11,929, Reputation: 899
    Home Improvement & Construction Expert
     
    #2

    Mar 29, 2013, 03:50 PM
    Because a tax of 20% on $100 is $20 so the total is $120.

    A tax of 20% on $83.33 would be $16.666 and the total would be $99.996 (rounded to $100)

    It answers the question of what is the cost of an item taxed at 20% if the total is $100.

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