SOLUTION: the cost of a computer including 15% vat is $5675. the vat is calculated after a discount of $500. what is the initial cost of the computer before VAT and discount?
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Question 1025378: the cost of a computer including 15% vat is $5675. the vat is calculated after a discount of $500. what is the initial cost of the computer before VAT and discount? Answer by Cromlix(4381) (Show Source):
You can put this solution on YOUR website! Hi there,
100% + 15% = 115%
115% = $5675
1% = 5675/115
100% = 5675/115 x 100
100% = $4934.78
+ $500
= $5434.78
This is the initial cost
before Discount and VAT
Hope this helps :-)
