Hii sir ....we are purchasing the product with including tax amount 9275we are selling resale purpose for same....vat 14.5% how to get the profit ? and how to calculate? please tell me .........

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hii sir ....

we are purchasing the product with including tax amount 9275

we are selling resale purpose for same....vat 14.5% how to get the profit ? and how to calculate? please tell me .........

DEEKSHA V K

March 31, 2017, 12:13 p.m.

jp sharma

March 31, 2017, 3:21 p.m.

Purchase Price including Vat=9275

Vat Rate 14.5%

Purchase Price before Vat=9275*100/114.5=8100

Vat =14.5%*8100=1175

Total=9275

You have to sell it at price more than 8100+Vat to earn profit

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