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Old October 27th 08, 07:56 AM posted to microsoft.public.excel.worksheet.functions
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Default CALCULATE GST AMOUNT FROM AMOUNT IN OTHER CELL

Does anyone know what formula to insert in cell B1 to calculate the gst
component of an amount (which includes gst) in cell A1? Would appreciate your
help.
Novice excel user

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Old October 27th 08, 08:51 AM posted to microsoft.public.excel.worksheet.functions
Max Max is offline
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Default CALCULATE GST AMOUNT FROM AMOUNT IN OTHER CELL

Something like this ..
Assuming GST = 3% = 0.03
and A1 contains the Amt (inclusive GST)
Then in B1: =(A1/(1+0.03))*0.03
will return the GST amt
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"Cruisie Suzie" wrote:
Does anyone know what formula to insert in cell B1 to calculate the gst
component of an amount (which includes gst) in cell A1? Would appreciate your
help.
Novice excel user



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