Vaidev bought two juicers that cost $329 each before Goods and Service Tax (GST).
- Given that GST was charged at 3%, how much GST did Vaidev have to pay for one juicer?
- What was the total cost of the juicers, inclusive of GST?
(a)
GST that Vaidev had to pay for one juicer
= 3% x 329
=
3100 x 329
= $9.87
(b)
Cost of one juicer inclusive of GST
= 329 + 9.87
= $338.87
Cost of two juicers inclusive of GST
= 2 x 338.87
= $677.74
Answer(s): (a) $9.87; (b) $677.74