How do you calculate GST from a total?
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40more
40more
Works at the United Nations, Lives in New York, NY, USA.
When adding 10% to the price is relatively easy (just multiply the amount by 1.1), reverse GST calculations are quite tricky:To figure out how much GST was included in the price you have to divide the price by 11 ($220/11=$20);To work out the price without GST you have to divide the amount by 1.1 ($220/1.1=$200)
2023-05-15 15:02:20
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Taylor Davis
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When adding 10% to the price is relatively easy (just multiply the amount by 1.1), reverse GST calculations are quite tricky:To figure out how much GST was included in the price you have to divide the price by 11 ($220/11=$20);To work out the price without GST you have to divide the amount by 1.1 ($220/1.1=$200)