VAt increase - how do you calculate?

Ibn Uthaymin

Junior member
Assalamu alykum

I need some help form mathematicians bros or sis`s.
You see in the UK the VAT has increased from 17.5% to 20%. ( 2.5% hike)

Im not so great at maths, only managed a B in GCSE and im not studying it now.

Say something costs £25, and with the 20% VAT in place how much would it cost...or how do you calculate it?

is it 25 × 1.25?


Some geezer is trying to mug people by charging them around £1/2 more
 

alf2

Islam is a way of life
It would be 25 x 1.20 , i'm not sure where you got the 5 from you thought it was :S

I just calculated that method with my sales tax (7%) and thats the right formula.
 
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