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A telivision is sold at 9540 exclusive vat .if the vat charged is 5% how much did the customer pay?
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A telivision is sold at 9540 exclusive vat .if the vat charged is 5% h...
Understanding the Selling Price of the Television
To determine how much the customer paid for the television, including VAT, we need to follow a few steps.
Step 1: Identify the Base Price
- The base price of the television is 9540 (exclusive of VAT).
Step 2: Calculate the VAT Amount
- The VAT charged is 5% of the base price.
- To find the VAT amount, multiply the base price by the VAT rate:
- VAT Amount = Base Price × VAT Rate
- VAT Amount = 9540 × 0.05
- VAT Amount = 477
Step 3: Calculate the Total Price Paid by the Customer
- To find the total price paid by the customer, add the VAT amount to the base price:
- Total Price = Base Price + VAT Amount
- Total Price = 9540 + 477
- Total Price = 10017
Conclusion
- The total amount the customer paid for the television, including VAT, is 10017.
By following these steps, it's easy to understand how VAT affects the final selling price of products. Always remember to calculate VAT based on the base price and then add it to the original price for the total amount due.
To determine how much the customer paid for the television, including VAT, we need to follow a few steps.
Step 1: Identify the Base Price
- The base price of the television is 9540 (exclusive of VAT).
Step 2: Calculate the VAT Amount
- The VAT charged is 5% of the base price.
- To find the VAT amount, multiply the base price by the VAT rate:
- VAT Amount = Base Price × VAT Rate
- VAT Amount = 9540 × 0.05
- VAT Amount = 477
Step 3: Calculate the Total Price Paid by the Customer
- To find the total price paid by the customer, add the VAT amount to the base price:
- Total Price = Base Price + VAT Amount
- Total Price = 9540 + 477
- Total Price = 10017
Conclusion
- The total amount the customer paid for the television, including VAT, is 10017.
By following these steps, it's easy to understand how VAT affects the final selling price of products. Always remember to calculate VAT based on the base price and then add it to the original price for the total amount due.
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A telivision is sold at 9540 exclusive vat .if the vat charged is 5% how much did the customer pay?
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A telivision is sold at 9540 exclusive vat .if the vat charged is 5% how much did the customer pay? for Class 8 2025 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about A telivision is sold at 9540 exclusive vat .if the vat charged is 5% how much did the customer pay? covers all topics & solutions for Class 8 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A telivision is sold at 9540 exclusive vat .if the vat charged is 5% how much did the customer pay?.
A telivision is sold at 9540 exclusive vat .if the vat charged is 5% how much did the customer pay? for Class 8 2025 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about A telivision is sold at 9540 exclusive vat .if the vat charged is 5% how much did the customer pay? covers all topics & solutions for Class 8 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A telivision is sold at 9540 exclusive vat .if the vat charged is 5% how much did the customer pay?.
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