Pound shops....be warned, a pure rip off!

[katex]

Originally Posted by Neil

I like a bit of maths, carry on

Most big stores (B&Q, PC World etc) are correcting the VAT at the till by adding a discount. I suspect this is a temporary measure until they reprice everything

They were doing this at Asda on Thursday Neill, although some prices had a 'D' after it ... which possibly meant 'discounted' ? The others had a 'V' against it which had the VAT corrected at the till.

Problem with Archivek's calculation is that he has not explained how to get to the gross price initially, try this :-

£11.75 divided by 1.175 = £10
£10 times 1.15 = £ 11.50
Saving of .25p.