Question

2. At a clearnace sale, all articles are on sale at 25% discount. What amount to be pay for a article
a proill
which is marked 12000?
Cili Tmi on Value Added Tax (VAT)​

Answer 1

Answer:

Cost of the article = 10000

Tax paid by Kylie = 7% of $ 10,000

= $ 7/100 × 10000

= $ 700

Selling price of the article = $ 13000

Tax charged at 9% = 9% of 13000

= $ 9/100 × 13000

= $ 1170