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a clock cost R179 excluding VAT. if VAT is charged at 14% determined the price of the clock including VAT​

1 Answer

2 votes

Answer: R204.06

Explanation:

Cost of clock = R179

Value Added Tax = 14%

The price of the clock will be the addition of the cost of the clock and the value added tax. This will be:

= R179 + (14% × R179)

= R179 + (0.14 × R179)

= R179 + R25.06

= R204.06

Therefore, the price of the clock is R204.06.

User Daniel Wood
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