Cole bought three kettles that cost $208 each before Goods and Service Tax (GST).
- Given that GST was charged at 6%, how much GST did Cole have to pay for one kettle?
- What was the total cost of the kettles, inclusive of GST?
(a)
GST that Cole had to pay for one kettle
= 6% x 208
=
6100 x 208
= $12.48
(b)
Cost of one kettle inclusive of GST
= 208 + 12.48
= $220.48
Cost of three kettles inclusive of GST
= 3 x 220.48
= $661.44
Answer(s): (a) $12.48; (b) $661.44