Compute cost of an Item? [closed]
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30-05-2021 - |
문제
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?
해결책
The basic equation is:
net = cost + (gst * cost) = cost * (1.0 + gst)
(with gst
expressed as a decimal)
Therefore by algebra (dividing both sides by 1.0 + gst
) you have:
cost = net / (1.0 + gst)
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