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Cite this page as followsStatistical Computations at FreeStatistics.org, Office for Research Development and Education, URL https://freestatistics.org/blog/index.php?v=date/2012/Aug/23/t1345695745tppvvaou8q25smj.htm/, Retrieved Sun, 17 May 2026 21:36:34 +0000
Statistical Computations at FreeStatistics.org, Office for Research Development and Education, URL https://freestatistics.org/blog/index.php?pk=169486, Retrieved Sun, 17 May 2026 21:36:34 +0000
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Original text written by user:16a62Jhon353b8Good Day Sir!I'm working for a coglele Project, a Product Ordering System, and I'm Implementingthe VAT computation Formula. I Need a Help for the Reason why the Following Computation doesn't Tally. Order Details, Product Cost(w/o VAT) Product Cost = 22.32 Quantity = 1500 1,500 * 22.32 = 33,480.00 (w/o VAT) 33,480.00 * .12 = 4,017.6 33,480.00 + 4,017.6 = 37,497.60 (w/ VAT) Another Computation, The Product Cost has 12% VAT included. 1,500 * 25 = 37,500.00 (w/ VAT) 37,500.00 / 1.12 * .12 = 4,017.86 37,500.00 4,017.86 = 33,482.14Why is it that the WITH VAT results of the 2 computations are not the same?Please i Need Help! 14a
IsPrivate?No (this computation is public)
User-defined keywords16a62Jhon353b8Good Day Sir!I'm working for a coglele Project, a Product Ordering System, and I'm Implementingthe VAT computation Formula. I Need a Help for the Reason why the Following Computation doesn't Tally. Order Details, Product Cost(w/o VAT) Product Cost = 22.32 Quantity = 1500 1,500 * 22.32 = 33,480.00 (w/o VAT) 33,480.00 * .12 = 4,017.6 33,480.00 + 4,017.6 = 37,497.60 (w/ VAT) Another Computation, The Product Cost has 12% VAT included. 1,500 * 25 = 37,500.00 (w/ VAT) 37,500.00 / 1.12 * .12 = 4,017.86 37,500.00 4,017.86 = 33,482.14Why is it that the WITH VAT results of the 2 computations are not the same?Please i Need Help! 14a
Estimated Impact57
Family? (F = Feedback message, R = changed R code, M = changed R Module, P = changed Parameters, D = changed Data)
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Parameters (Session):
Parameters (R input):
R code (references can be found in the software module):