The price of a tablet with 9% GST is $1199.
- How much does Adam have to pay if the GST is decreased to 6%?
- How much saving does Adam enjoy as a result of the decrease in GST?
(a)
Price of the tablet with 9% GST
= 100% + 9%
= 109%
109% → $1199
1% → 1199 ÷ 109 = $11
100% → 100 x 11 = $1100
Price of the tablet with 6% GST
= 100% + 6%
= 106%
Amount that Adam has to pay
= 106% x 1100
=
106100 x 1100
= $1166
(b)
Saving that Adam enjoys
= 1199 - 1166
= $33
Answer(s): (a) $1166; (b) $33