Velocity Reviews > Re: retail price - how do i remove VAT element at 15%

# Re: retail price - how do i remove VAT element at 15%

DL
Guest
Posts: n/a

 05-13-2009
Using elementary algebra

"securiy" <(E-Mail Removed)> wrote in message
news:(E-Mail Removed)...
> Ok retail price of an item is £89
> vat rate is 15%
>
> When the vat rate was 17.5% in UK im sure you could
> divide by 1.175 to remove VAT element
>
> anyways how do i remove VAT from retail price
>
> --
> ------------------------------
> No links here , nup
>
>
>

Aardvark
Guest
Posts: n/a

 05-13-2009
On Wed, 13 May 2009 14:30:29 +0100, DL wrote:

>
> "securiy" <(E-Mail Removed)> wrote in message
> news:(E-Mail Removed)...
>> Ok retail price of an item is Â£89
>> vat rate is 15%
>>
>> When the vat rate was 17.5% in UK im sure you could divide by 1.175 to
>> remove VAT element
>>
>> anyways how do i remove VAT from retail price
>>

> Using elementary algebra

Algebra would probably be too advanced for the OP. Arithmetic would
suffice (if the OP has a basic grasp of the subject, that is).

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