Hamish, at 17:58 on Tue, Feb 28 1995, you wrote to Tony Davidson ...

TD> No worries - 486DX4/100            $339 ex tax
TD>                                    $399 inc tax

HM> $339 * 1.21 = $410.19. Do you accept lower margins on tax-inc items?

Legally, sales tax should be charged at 21% of the wholesale price, not
retail.  Consequently, the wholesale price works out at a few cents under
$330.

Regards, Bill
@EOT:

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