24000 Plus VAT
Here we will answer your query to 24000 plus VAT, break down the calculations in a table and give you the formula for adding VAT to the price of 24000.
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What Is 24000 Plus VAT?
The answer to 24000 plus VAT is 29520 .
What is 24000 plus VAT?
24000 plus VAT is calculated below;
29520
Breakdown of The Calculation
| Price | Rate | Gross Price | VAT Amount |
|---|---|---|---|
| 24000 | 23% | 29520 | 5520 |
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Formula For Calculating 24000 Plus VAT
If you are adding Value Added Tax; then you need to multiply the price by (100 + VAT percentage). This is the price, including VAT (Gross value)
The formula for adding VAT To A Price;
T = P x (100 + VAT percentage)
Formula explained in this case;
- T = 29520
- P = 24000
- VAT percentage = 23%
The calculation;
T (29520) = 24000 x (100 + .23)