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Seldonian Crisis Seldonian Crisis is offline
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Default Calculating Net from Gross

I need to be able to calculate the Net price when I only have the Gross
figure. The Gross figure equals Net + 17.5%, but sometimes I need to reverse
this and I don't know the calculation. At present I am using Gross*85.1% but
this is not accuarate in large figures. I have the 2003 version of Excel.
Thank you