SOLUTION: Please help with the homework below The vat inclusive price of a TV is R2700.00. Vat is calculated at 15%. Calculate the amount of Vat of the TV.

Question 1206566: Please help with the homework below
The vat inclusive price of a TV is R2700.00. Vat is calculated at 15%. Calculate the amount of Vat of the TV.
Found 2 solutions by josgarithmetic, ikleyn:
Answer by josgarithmetic(39617) (Show Source): You can put this solution on YOUR website!
p, the price before the vat

The amount of vat is .
Answer by ikleyn(52781) (Show Source): You can put this solution on YOUR website!
.

More accurately, the amount of VAT is 2700 - 2347.826 = 352.174 = 352.17 (rounded). ANSWER

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