Reverse calculation help, please

doro110011

New member
Joined
Aug 10, 2012
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3
Hi. Can anyone help me with a reverse calculation of HST? I know that HST is ADDED at 13%, so a $100. invoice with total $113 with HST added.
But if I make a $100 PAYMENT on an invoice, how do I calculate how much of that payment is HST?

Any help appreciated.
 
\(\displaystyle Let\ price\ before\ HST = x.\)

\(\displaystyle And\ HST = 0.13x.\)

\(\displaystyle So\ price\ after\ HST = y = x + 0.13x = 1.13x.\) Follow that?

JeffM: Thank you for the answer, and also for how promptly you got it to me. I very much appreciate your help.

Thank you.

D. :)
 
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