MarginsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › MarginsThis topic has 3 replies, 2 voices, and was last updated 7 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts September 13, 2017 at 6:23 am #407376 njivan28ParticipantTopics: 35Replies: 42☆☆Hello Tutor.Please help. If and the sales are 20000,tax rate is 28% and Net profit is 2%,What is your profit before tax? September 13, 2017 at 6:46 am #407386 John MoffatKeymasterTopics: 57Replies: 54478☆☆☆☆☆The net profit is 2% x 20,000 = 400.This is after tax of 28%, and so 400 is 72% (100 – 28) of the profit before tax.So the profit before tax = 400 / 72% = 555.56 September 13, 2017 at 7:08 am #407389 njivan28ParticipantTopics: 35Replies: 42☆☆Ohk.Still studying it again,i’ll come later with the feedback. September 13, 2017 at 10:39 am #407410 John MoffatKeymasterTopics: 57Replies: 54478☆☆☆☆☆You are welcome 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)The topic ‘Margins’ is closed to new replies.