# vat?

queenbea1938 14:01 28 Oct 04
Locked

i know this is not a pc question,but my head is busting,what is the vat on £65.00 and how do you work it out?

JonnyTub 14:20 28 Oct 04

65 * 17.5% = 11.375

add the 1.375 to 65 = 76.375

so

65 without vat

65 + vat = 76.375

JonnyTub 14:21 28 Oct 04

replace " add the 1.375 to 65 = 76.375"

with " add the 11.375 to 65 = 76.375"

denis93c 14:41 28 Oct 04

thank you all for your help.

niknax 00:28 30 Oct 04

as everyone as posted!!

but they got me confused!! joke!!

anyway if you want to find the vat, times the amount by 17.5%, then add it on, if the figure looks like 11.375 after calculating, if the number after the three is higher than five add another one pence!! ie: 11.38

if you want to find the vat.... from the total amount.........times 7 then divide by 47

Nik

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