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The marked price of a pair of pants is $100. If VAT of 15% is payable, then the price paid by the customer is
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The marked price of a pair of pants is $100. If VAT of 15% is payable, then the price paid by the customer is

User Fdierre
by
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1 Answer

9 votes

Answer:

$115

Explanation:

VAT = 15% of marked price

= 0.15 * 100

= $ 15

Price paid by the customer = 100 + 15

= $ 115

User Maksimr
by
7.5k points
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