Question

At a sale, books are sold at $90.75 each, which is 75% of the original price.

(i) what is the original price of the book?

(II) Paul buys 10 books at the sale and pays VAT of 16% on the sale price. Calculate the TOTAL amount he paid for 10 books.

Answer 1

Selling Price= $90.75

(i) Original Price= $90.75/0.75= $ 121.00

(ii) 1 Book= $90.75

10 Books= $90.75*10= $907.50

Total Amount Paid= $907.50*1.16 =$1052.70