Strona główna Maths How to calculate the net price from the gross price?

How to calculate the net price from the gross price?

przez Tomasz

In virtually all retail stores, we meet the given gross prices for all products. The gross price in Poland is a price that includes 23% VAT. How to calculate the price without VAT, i.e. net?

It is enough to divide the gross price by 1.23.

For example, if you have a product whose gross price is PLN 999, dividing it by 1.23 will result in PLN 812.2 and it is a net price, excluding VAT. Let’s check if everything is correct and add 23% to the amount of 812.2. We get back PLN 999 gross, i.e. everything as it should be and as it was at the beginning.

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