How to calculate Vat put?

To calculate VAT (Value Added Tax) on a product or service, you can use the following formula:

VAT amount = (Price excluding VAT) x (VAT rate)

For example, if the price of a product is $100 and the VAT rate is 10%, the calculation would be:

VAT amount = $100 x 0.10 = $10

Therefore, the total price including VAT would be:

Total price = Price excluding VAT + VAT amount
Total price = $100 + $10 = $110

So, the VAT amount on a $100 product with a 10% VAT rate would be $10, making the total price $110.