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How do you find the gross of an amount after ten percent has been added to it?
Wiki User
∙ 13y ago
You multiply the original amount by 1.1
Wiki User
∙ 13y ago
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Gross of vat and net of vat?
There is no such term as gross of VAT. The amount with VAT is called the gross amount while the net of VAT is the amount after the VAT has been deducted.
A merchant sells an item at a 20 percent discount but still makes a gross profit of 20 percent of the cost What percent of cost would be gross profit on the item have been if it had been sold withou?
50
What figure do you take for gross sales?
Gross sales is the amount of money received for all sales before expenses have been deducted. After the gross sales have been calculated, you may then deduct the expenses, leaving the net sales amount.
Can you inherit a pension?
Yes you can inherit a pension but the amount will NOT be free of income tax. The taxable amount of the distribution will be taxed to you in the same way that they would have been taxed to the deceased. The taxable amount of the distribution will be added to all of your other gross worldwide income and be subject to income tax at your marginal tax rate.
Is gross pay less than net pay?
No. Gross pay is the amount before tax, and Nett is the amount after tax has been deducted, so nett is smaller than gross. There is a similar theme in tins of beans. The gross weight is that with the weight of the tin included, the nett the weight of the beans themselves.
How do you find the original amount after a percentage has been added?
If x% has been added, divide the final price by (1+x/100)
Your paychecks gross was 2903.00 and 520.00 was taken out in federal tax was this right?
It is possible that the withheld amount is correct. You will have to get with the payroll department and ask them if the correct amount has been withheld from your gross pay before the check was printed for your net take home pay amount.
What percent of your paycheck goes to taxes in Georgia?
Your employer should be able to answer your question about the percentage of taxes that would have been withheld from your gross pay before the checks were printed and given to you. The percentage and amount varies depending on your income and exemptions claimed.
When you file your taxes does the amount you contributed to your 401k plan come off your gross amount for the year?
Yes it does, your employer should have already subtracted this amount from your earnings, and specified it in a separate space on your w-2. Your gross earnings for the year should have already been reduced by the untaxable amount. You do not subtract it again.
Gross vs net?
This is often used for income. "Gross income" is the total amount of money received, before including expenses in the calculation. Once you subtract expenses, you get "net income" - your actual gain.
What is the difference between gop and ebitda?
The GOP (Gross Operating Profit) is the profit left after operational costs have been deducted. EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) is the amount of profit with those items in its acronym added back into it.
What Is income after taxes are taken out?
Before tax income is all of your gross worldwide income added together and that amount would be your before tax income. After tax income will the amount that you will have left after you complete your income tax returns completely and correctly down to to last lines on your income tax return and paid any taxes that may have been owed. Then the amount that you have left would be your AFTER TAX INCOME AMOUNT.
