Xavier bought four microwave ovens that cost $372 each before Goods and Service Tax (GST).
- Given that GST was charged at 4%, how much GST did Xavier have to pay for one microwave oven?
- What was the total cost of the microwave ovens, inclusive of GST?
(a)
GST that Xavier had to pay for one microwave oven
= 4% x 372
=
4100 x 372
= $14.88
(b)
Cost of one microwave oven inclusive of GST
= 372 + 14.88
= $386.88
Cost of four microwave ovens inclusive of GST
= 4 x 386.88
= $1547.52
Answer(s): (a) $14.88; (b) $1547.52