im not sure if i say it right.
my question is how can i get the COST of an item if then given is the Net and the GST?
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im not sure if i say it right.
my question is how can i get the COST of an item if then given is the Net and the GST?
The basic equation is:
(with
gstexpressed as a decimal)Therefore by algebra (dividing both sides by
1.0 + gst) you have: