Wesley bought two gas stoves that cost $216 each before Goods and Service Tax (GST).
- Given that GST was charged at 6%, how much GST did Wesley have to pay for one gas stove?
- What was the total cost of the gas stoves, inclusive of GST?
(a)
GST that Wesley had to pay for one gas stove
= 6% x 216
=
6100 x 216
= $12.96
(b)
Cost of one gas stove inclusive of GST
= 216 + 12.96
= $228.96
Cost of two gas stoves inclusive of GST
= 2 x 228.96
= $457.92
Answer(s): (a) $12.96; (b) $457.92