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Wendy Reed
Wendy Reed, Finance Enthusiast
Category: Finance
Satisfied Customers: 3346
Experience:  Over 10 years tax preparation corresponding with financial advice.
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How can I work out the gross from a net figure For example ...

Resolved Question:

How can I work out the gross from a net figure? For example discounted purchase is £85 and a 15% discount has been applied - how can I work this backwards?
Submitted: 8 years ago.
Category: Finance
Expert:  Wendy Reed replied 8 years ago.

Hi there,

First, you can subtract 15% from 100% to get 85%, which represents the discounted purchase price % of the whole. In other words, your discounted purchase price is 85% of the original price.

Now, you can divide the discount price by the decimal .85 (percentage expressed as a decimal) In this case, you will have £85 divided by .85, and this will give you £100.

If you need another example, let me know!

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