Stock issues

Selling Price Calculator VAT at 20%

EXAMPLE: If an item costs £1 (excluding VAT) and you require a gross profit
percentage of 55%, the selling price (including VAT) will be:

£1 X 2.6667 = £2.67

40%2.0000

Gross Profit Percentage Multiplication Factor
41% 2.0339
42% 2.0690
43% 2.1053
44% 2.1429
45% 2.1818
46% 2.2222
47% 2.2642
48% 2.3077
49% 2.3529
50% 2.4000
51% 2.4490
52% 2.5000
53% 2.5532
54% 2.6087
55% 2.6667
56% 2.7273
57% 2.7907
58% 2.8571
59% 2.9268
60% 3.0000
61% 3.0769
62% 3.1579
63% 3.2432
64% 3.3333
65% 3.4286

The VAT Fraction is now 1/6