Wesley bought four microwave ovens that cost $323 each before Goods and Service Tax (GST).
- Given that GST was charged at 5%, how much GST did Wesley have to pay for one microwave oven?
- What was the total cost of the microwave ovens, inclusive of GST?
(a)
GST that Wesley had to pay for one microwave oven
= 5% x 323
=
5100 x 323
= $16.15
(b)
Cost of one microwave oven inclusive of GST
= 323 + 16.15
= $339.15
Cost of four microwave ovens inclusive of GST
= 4 x 339.15
= $1356.6
Answer(s): (a) $16.15; (b) $1356.6