Jack bought three blenders that cost $287 each before Goods and Service Tax (GST).
- Given that GST was charged at 5%, how much GST did Jack have to pay for one blender?
- What was the total cost of the blenders, inclusive of GST?
(a)
GST that Jack had to pay for one blender
= 5% x 287
=
5100 x 287
= $14.35
(b)
Cost of one blender inclusive of GST
= 287 + 14.35
= $301.35
Cost of three blenders inclusive of GST
= 3 x 301.35
= $904.05
Answer(s): (a) $14.35; (b) $904.05