Tim bought two blenders that cost $363 each before Goods and Service Tax (GST).
- Given that GST was charged at 9%, how much GST did Tim have to pay for one blender?
- What was the total cost of the blenders, inclusive of GST?
(a)
GST that Tim had to pay for one blender
= 9% x 363
=
9100 x 363
= $32.67
(b)
Cost of one blender inclusive of GST
= 363 + 32.67
= $395.67
Cost of two blenders inclusive of GST
= 2 x 395.67
= $791.34
Answer(s): (a) $32.67; (b) $791.34