Hi everyone,

I was helping a student with some basic math homework today, and it made me realize I still struggle with "reverse" percentages! When a customer pays a flat rate for a designer bag, I have to extract VAT from price Ukraine to see my actual profit margin.

As an established entrepreneur, I need this data to be 100% accurate for my quarterly strategy meetings. Does anyone have a quick formula or a high-quality digital tool they use to strip the tax out of a gross total?

I want to keep my boutique’s finances organized and professional.

Thanks in advance.