Julian bought two juicers that cost $232 each before Goods and Service Tax (GST).
- Given that GST was charged at 3%, how much GST did Julian have to pay for one juicer?
- What was the total cost of the juicers, inclusive of GST?
(a)
GST that Julian had to pay for one juicer
= 3% x 232
=
3100 x 232
= $6.96
(b)
Cost of one juicer inclusive of GST
= 232 + 6.96
= $238.96
Cost of two juicers inclusive of GST
= 2 x 238.96
= $477.92
Answer(s): (a) $6.96; (b) $477.92