The problem is that 100 plus 10% is actually $111.11. Try it on a calculator...$111.11 x 90% = $100.00. $110 x 90% = $99.00
Another example...add 6% comission to a $500,000 sales price of a house. Most people would use $500,000 x 6% = $30,000. That means the seller would end up with $470,000. The correct method is $500,000 divided by .94 = $531,914.89. Now, the seller ends up with exactly $500,000 after deducting 6% - $531,914.89 - 6% = $500,000.
I would really like to have a way to figure examples like this with Alfred.
