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Old 18-11-2007, 06:39 PM   #1
JETME
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Default Math question?

i was just wondering how do you find the GST amount from a total amount.

its prob a stupid question, just wondering if someone can help me out hehe

thanks guys

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Old 18-11-2007, 06:46 PM   #2
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Divide by 11.

ie - $1.00 item + GST = $1.10

$1.10 divided by 11 = 10c... The GST amount.
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Old 18-11-2007, 07:50 PM   #3
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GST is 10%. the way i do it is say somthing costs $100. you do 100 x .10 = $10. then add that to the origional amount. 100 + 10. its probably the longest way but i find it the easiest
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Old 18-11-2007, 08:15 PM   #4
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if the number has gst included

i always just divide by 110, then multiply that answer by 100. probably an easier way than that but i still do it that way :
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Old 18-11-2007, 08:23 PM   #5
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Easiest way is divide by 1.1.

So 5.50/1.1 = 5
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Old 18-11-2007, 08:26 PM   #6
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Quote:
Originally Posted by BA_Turbs
Divide by 11.

ie - $1.00 item + GST = $1.10

$1.10 divided by 11 = 10c... The GST amount.
Assuming that everything on the invoice is GST appilcable.

Otherwise it is (total invoice - GST free supplies) / 11

i.e

Total invoice = $150
GST free = $40

Then GST paid = ($150-$40)/1.1 = $110/11 = $10
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Old 18-11-2007, 08:29 PM   #7
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Quote:
Originally Posted by BlackLS
Easiest way is divide by 1.1.

So 5.50/1.1 = 5
That finds the GST exclusive....
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Old 18-11-2007, 08:51 PM   #8
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On your Safeway/Woolworths/Purity/Roelf Vos docket, it has a star stating, "taxable items".
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Old 18-11-2007, 09:28 PM   #9
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Quote:
Originally Posted by HLC
if the number has gst included

i always just divide by 110, then multiply that answer by 100. probably an easier way than that but i still do it that way :
Yeah, just divide by 11. Its in the second post.

GST from total: divide total by 11

GST to add: Divide price by 10, and add that to price.
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Old 18-11-2007, 09:45 PM   #10
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The GST sux , as if the government doesn't already have enough money and wastes it on rubbish. Ebolish the GST .
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Old 18-11-2007, 11:44 PM   #11
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Quote:
Originally Posted by krt10
GST is 10%. the way i do it is say somthing costs $100. you do 100 x .10 = $10. then add that to the origional amount. 100 + 10. its probably the longest way but i find it the easiest
i work it out the same. it's by far the longest way as you said, but it just makes more sense to me that way. i do the same with any percentage calculations too.
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Old 19-11-2007, 12:32 AM   #12
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thanks a million guys.

cheer
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Old 19-11-2007, 01:17 AM   #13
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as in the second post just divide the gst inclusive price by 11 and the result is the gst. mulitiply that by 10 to get the un taxed price.

to work out gst on a price that is $xxx +gst you divide the $xxx by 10 and then multiply the result by 11 to get the gst inclusive price.
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Old 19-11-2007, 12:22 PM   #14
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Quote:
Originally Posted by XR6-VCT-2000
Ebolish the GST .
heheheh
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