Hi,
My question relates to working backwards using percentages. I have an
invoice that needs to be marked up by 5.25%. The figure we get paid is
-5.25%.
The subtotal figure is $1037.72 + 5.25% = Total $1,092.20 . If I minus
5.25% the figure becomes $1,034.85. How would I work out increasing the
$1092.20 so when 5.25% is deducted, we end up at the original $1037.72
and not lose money.
Your explanation is greatly appreciated.
Thanks,
Brad
