Caden bought three juicers that cost $392 each before Goods and Service Tax (GST).
- Given that GST was charged at 3%, how much GST did Caden have to pay for one juicer?
- What was the total cost of the juicers, inclusive of GST?
(a)
GST that Caden had to pay for one juicer
= 3% x 392
=
3100 x 392
= $11.76
(b)
Cost of one juicer inclusive of GST
= 392 + 11.76
= $403.76
Cost of three juicers inclusive of GST
= 3 x 403.76
= $1211.28
Answer(s): (a) $11.76; (b) $1211.28