Seth bought five food processors that cost $332 each before Goods and Service Tax (GST).
- Given that GST was charged at 9%, how much GST did Seth have to pay for one food processor?
- What was the total cost of the food processors, inclusive of GST?
(a)
GST that Seth had to pay for one food processor
= 9% x 332
=
9100 x 332
= $29.88
(b)
Cost of one food processor inclusive of GST
= 332 + 29.88
= $361.88
Cost of five food processors inclusive of GST
= 5 x 361.88
= $1809.4
Answer(s): (a) $29.88; (b) $1809.4