Japheth bought two toaster ovens that cost $175 each before Goods and Service Tax (GST).
- Given that GST was charged at 9%, how much GST did Japheth have to pay for one toaster oven?
- What was the total cost of the toaster ovens, inclusive of GST?
(a)
GST that Japheth had to pay for one toaster oven
= 9% x 175
=
9100 x 175
= $15.75
(b)
Cost of one toaster oven inclusive of GST
= 175 + 15.75
= $190.75
Cost of two toaster ovens inclusive of GST
= 2 x 190.75
= $381.5
Answer(s): (a) $15.75; (b) $381.5