How do I work out what the fees are charged at 7%?

Lets utter I enjoy a digit of lb46.00, and I enjoy to remuneration a excise of 7% for that price, how do I work that out?

46.00*0.07? Is that correct?

Please dont enumerate financial answer, I requirement to know the maths trailing it! Thanks

Answers:
glib means of access i know is mul the integer 46 x 1.07 which givea you a total of 49.22
If the $46 already includes the 7% (as in the VAT example) later you requirement to divide by 107 and times by 7 e.g. 46/107 0.43 (2 d.p.)... *7=3.00 (2 d.p.)

The formula you hold suggested would present you 7% of $46.00
Take lb46.00 as a 100% amount.
you enjoy to divide the 7% of the amount.

Let me put it within effortless track...

lb46.00 is 100%
so ? How much is 7 %

100% = lb46.00.
7% = lb?

Cross multiply...
So you bring..

lb?= lb46.00 * 7/100 .. This give your answer...

Same bearing to figure 24.5%

100% = lb46.00.
24.5% = lb?

so lb? = lb46.00 * 24.5 / 100...

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