document.write( "Question 1055283: A second hand car cost 450,000 including vat at 4 and half percent (a) find the cost of the car excluding vat (b) find the vat to the nearest naira
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Algebra.Com's Answer #670544 by Theo(13342)![]() ![]() You can put this solution on YOUR website! value added tax is 4.5% \n" ); document.write( "this means the price of the car with vat added is 1.045 * the price of the car without vat added. \n" ); document.write( "let x = the price of the car. \n" ); document.write( "you get 1.045 * x = 450,000. \n" ); document.write( "solve for x to get x = 450,000 / 1.045 = 430622.0096 \n" ); document.write( "round to 430622. \n" ); document.write( "start with 430622. \n" ); document.write( "the vat is 4.5% = .045 \n" ); document.write( "multiply 430622 by .045 to get 19377.99 \n" ); document.write( "add that to 430622 to get 449999.99 \n" ); document.write( "round that to 450,000. \n" ); document.write( "the price of the car without the vat is 430,622 to the nearest naira.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |