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Help!!!!!!

  • 07-08-2007 9:41pm
    #1
    Closed Accounts Posts: 598 ✭✭✭


    Eavening all,

    Is there some one with a mathmatical brain that can help me.

    I've lost an invoice from march, but have the the VAT figure from my return.

    How do I work out the sale total befor vat for that figure.

    Example
    Say I have a VAT amount of 1500, what would the before tax price be (VAT being 13.5%

    If you can help, can you post the mathmatical formular for working out this figure.
    Thanks in advance,

    Pip


Comments

  • Registered Users Posts: 7,544 ✭✭✭irlrobins


    1500/13.5*100=11111.11

    Or in English: 1500 is 13.5% of the pre tax sale price. Therefore 1500/13.5 is 1% of the pre tax price. And 1500/13.5*100 is the total pre tax sale price. Total price inc vat is 11111.11+1500=12611.11


  • Registered Users Posts: 2,734 ✭✭✭Newaglish


    I think there may be a typo in the total price, should read €12,611.11.

    Just in case (s)he goes and makes any important decisions on the figures!


  • Registered Users Posts: 1,425 ✭✭✭digitally-yours


    irlrobins wrote:
    1500/13.5*100=11111.11

    Or in English: 1500 is 13.5% of the pre tax sale price. Therefore 1500/13.5 is 1% of the pre tax price. And 1500/13.5*100 is the total pre tax sale price. Total price inc vat is 11111.11+1500=1261.11


    Superb clarification !:D

    Like your way of explaining !


  • Closed Accounts Posts: 2,290 ✭✭✭ircoha


    irlrobins wrote:
    1500/13.5*100=11111.11

    Or in English: 1500 is 13.5% of the pre tax sale price. Therefore 1500/13.5 is 1% of the pre tax price. And (1500/13.5)*100 is the total pre tax sale price. Total price inc vat is 11111.11+1500=12611.11
    :)


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