Formula: Extract Percentage From Total

Oct 6, 2006

I need to make a formula to extract GST from a total amount, when the total amount also has PST (like state tax) in it.

GST is 7%

This is how I would figure it out manually

$100/1.07=93.46
$100-93.46=6.54

$6.54 is the number I'm trying to figure out how to get to with an excel formula.

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600,000 200,000 250,000 100,000 x 1,150,000

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