Sunday, January 20, 2019

How do I calculate GST inclusive?

When adding 10% to the price is relatively easy (just multiply the amount by 1.1), reverse GST calculations are quite tricky:
  1. To figure out how much GST was included in the price you have to divide the price by 11 ($220/11=$20);
  2. To work out the price without GST you have to divide the amount by 1.1 ($220/1.1=$200)

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