matodzialuwani3 matodzialuwani3

04-04-2021
Mathematics

contestada

caculate the VAT inclusive amount for R42,42

Respuesta :

Parrain Parrain

09-04-2021

Answer: R47.66

Step-by-step explanation:

Assuming this amount of R42.42 is Indian Rupees, then the relevant VAT rate to use is 12.36% which is the VAT rate in India.

The VAT inclusive amount is therefore:

= 42.42 * ( 1 + tax rate)

= 42.42 * ( 1 + 12.36%)

= R47.66

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