If the vat rate is $0.08$ then the selling price _without_ vat is given by $$S = 3.41/8 * 100 = 42.625$$
Then the overall price is given by $$P = 42.625 + 3.41 = 46.035$$ which rounded gives $46.04$
If the vat rate is $0.08$ then the selling price _without_ vat is given by $$S = 3.41/8 * 100 = 42.625$$
Then the overall price is given by $$P = 42.625 + 3.41 = 46.035$$ which rounded gives $46.04$