Question

Amir Buys a jumper for £15 plus VAT at 20%
How much does he pay lor the jumper?

Answer 1

£18

Explanation:

The VAT (Value Added Tax) is calculated as a percentage of the original price, so we need to add 20% of the original price to get the total price including VAT.

To find out how much Amir pays for the jumper including VAT, we first need to calculate the VAT:

VAT = 20% of £15

= (20/100) x £15

= £3

So, the VAT on the jumper is £3.

To find out the total price Amir pays for the jumper including VAT, we need to add the VAT to the original price:

Total price = Original price + VAT

= £15 + £3

= £18

Therefore, Amir pays £18 for the jumper including VAT.