Question

vat of a product is calculated by
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Answer 1

Step-by-step explanation:

VAT calculation formula for VAT exclusion is the following: to calculate VAT having the gross amount you should divide the gross amount by 1 + VAT percentage ,then subtract the gross amount, multiply by -1 and round to the closest value .

Hope it helps uhh ❤️

Answer 2

AnSwEr

VAT calculation formula for VAT exclusion is the following: to calculate VAT having the gross amount you should divide the gross amount by 1 + VAT percentage (i.e. if it is 15%, then you should divide by 1.15), then subtract the gross amount, multiply by -1 and round to the closest value (including eurocents).

Hope it helps. Mark brainliest ✌️