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UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: eddie d on January 13, 2008, 08:20:23 pm

Title: percentages ?????????
Post by: eddie d on January 13, 2008, 08:20:23 pm

cmon guys i kno im slow but how do you find out a percentage

ie what + 10 % = 774

this is wc related as i have to work out the price pre 10% vat

Title: Re: percentages ?????????
Post by: frames to panes on January 13, 2008, 08:24:10 pm

I thought vat was 17.5%

Title: Re: percentages ?????????
Post by: eddie d on January 13, 2008, 08:25:12 pm

it is .
how do you work this out please

Title: Re: percentages ?????????
Post by: Karl Wheeler on January 13, 2008, 08:25:28 pm

Hi
The formula is 774 x 100 divided by 110 or 117.5 if VAT IS 17.5% this will give you the net figure before 10% was added

thanks
karl

Title: Re: percentages ?????????
Post by: eddie d on January 13, 2008, 08:27:05 pm

 ;D ;D    karlno5
thankyou sir

Title: Re: percentages ?????????
Post by: Karl Wheeler on January 13, 2008, 08:28:39 pm

I think here is looking for the net figure before the 10% is added to make the gross 774.

Title: Re: percentages ?????????
Post by: frames to panes on January 13, 2008, 08:30:42 pm

Get your calculator out put the figure in then press multiply then 10 then % button. :)

Title: Re: percentages ?????????
Post by: Village Gleam on January 13, 2008, 09:07:21 pm

Eddie,
When you pay vat flat rate it is 10% gross.

You are allowed/supposed to charge your customers- if you show it as a seperate item- 17.5%.

According to the VAT man you actually make a profit by putting all of your prices up 17.5%

Title: Re: percentages ?????????
Post by: eddie d on January 13, 2008, 09:51:14 pm

thx mr solubility
in order to be competitive and as the cost is passed on to the customer (care homes )im only going to charge what i have to pay .
the custy pays for it in a service charge and wont be claiming any vat back even if the company is .
but thx for your insight