Question

Mrs. Soy went shopping and purchased a dress for $367.00 and a pair of shoes for $313.00. VAT at 15% was added at the cashier on both items.

(a) What was the total cost of both items after VAT?
(b) How much change did she receive if she paid with $1000.00?

Answer 1

(a) $782.00

(b) $218.00

Explanation:

(a)_

Total before VAT:

$367.00 + $313.00 = $680.00

15% VAT on $680:

15% of $680.00 = 0.15 × $680 = $102.00

Total after VAT:

$680.00 + $102.00 = $782.00

(b)

$1000.00 - $782.00 = $218.00