Mark bought four juicers that cost $175 each before Goods and Service Tax (GST).
- Given that GST was charged at 9%, how much GST did Mark have to pay for one juicer?
- What was the total cost of the juicers, inclusive of GST?
(a)
GST that Mark had to pay for one juicer
= 9% x 175
=
9100 x 175
= $15.75
(b)
Cost of one juicer inclusive of GST
= 175 + 15.75
= $190.75
Cost of four juicers inclusive of GST
= 4 x 190.75
= $763
Answer(s): (a) $15.75; (b) $763