Purchase Price including Vat=9275
Vat Rate 14.5%
Purchase Price before Vat=9275*100/114.5=8100
Vat =14.5%*8100=1175
Total=9275
You have to sell it at price more than 8100+Vat to earn profit
Written on March 31, 2017, 3:21 p.m.
Purchase Price including Vat=9275
Vat Rate 14.5%
Purchase Price before Vat=9275*100/114.5=8100
Vat =14.5%*8100=1175
Total=9275
You have to sell it at price more than 8100+Vat to earn profit
Written on March 31, 2017, 3:21 p.m.