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Help! GST?!
(1/1)
meatloaf_911:
if there is a 10% GST included in the price of a $650 camera then why isnt the original cost $585 (i.e. 650/100 x 10)? We were never taught about it and im worried its going to be on the analysis exam tomorrow. Any help would be appreciated! the real answer is $590.90 btw i just dont know how to get it
millstone:
well since the amount inc gst is 650
you just divide it by 1.1
that gives the amount before gst
$590.90
meatloaf_911:
--- Quote from: "millstone" ---well since the amount inc gst is 650
you just divide it by 1.1
that gives the amount before gst
$590.90
--- End quote ---
thankyou you're an absolute lifesaver! i really appreciate it :) all the best tomorrow!
millstone:
no worries same you too!
pepsi:
LOL how lucky meatloaf_911 :P
that kind of question did appear today hahah
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