Hi iv'e just started using Microsoft Excel and i'm needing to find the formula for price(inclusive VAT) i just don't understand what it means. I know its basic stuff but Thanks if you can help.
Hey.
Is this for an exam? Reason I ask is I'm wondering if your learning vat inc / exclusive. Or Excel formulas.
As you have 20% in cell A13. I'd, in cell C2, type or click =a2*(1+$a$13) then copy down to your other cells to be calculated.
The $ symbols will keep the 20% fixed.
As you know, to calculate inclusive or gross increase by 20%.
To find exclusive or net the fraction is 1/6.
Hope that is some help.
In excel, open office etc, there are many ways to find the correct answer with a great selection of sums and formulas.
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A man who can read, yet doesn't, is in no way wiser than a man who can't.