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4:21
YouTube
D- Kwen
How To Compute 12% VAT To Your Receipt
This is a free video tutorial. In this video tutorial, I will show you how I computed VAT using a simple method and calculator. Here are the ''Step - By - Step" Formulas: 1. Vatable Sales = Total Sales/ 1.12 2. VAT (12%) = Total Sales - Vatable Sales 3. Total Sales = Vatable Sales + VAT We used the Interest rate of 12% (1+r) = (1+0.12 = 1.12 ...
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