ZoharP787581 ZoharP787581
  • 25-10-2022
  • Mathematics
contestada

How to solve it and how to calculate the gst and pst

How to solve it and how to calculate the gst and pst class=

Respuesta :

KortnieM447446 KortnieM447446
  • 25-10-2022

Given:-

Given amount is $50.

Price of article is $24.

GST is 7%.

PST is 7%.

To find:-

The remaining amount.

The GST amount is,

[tex]\begin{gathered} 24\times\frac{7}{100}=0.24\times7 \\ \text{ =1.68} \end{gathered}[/tex]

The PST amount is,

[tex]\begin{gathered} 24\times\frac{7}{100}=0.24\times7 \\ \text{ =1.68} \end{gathered}[/tex]

So the total tax amount is,

[tex]1.68+1.68=3.36[/tex]

Now the total amount of the article is,

[tex]24+3.36=27.36[/tex]

So the remaining amount is,

[tex]50-27.36=22.64[/tex]

So the remaining amount is $22.64

Answer Link

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