Henry bought an electric guitar which was advertised at $1280 excluding GST. If the GST rate was 7% ,calculate
(a)the amount of GST he paid(b) the price of the guitar inclusive of GST.
Q. Henry bought an electric guitar which was advertised at $1280 excluding GST. If the GST rate was 7% ,calculate
(a)the amount of GST he paid(b) the price of the guitar inclusive of GST.
Calculate GST Amount: Step 1: Calculate the amount of GST paid.To find the GST amount, multiply the price of the guitar by the GST rate.Calculation: $1280×0.07=$89.60
Calculate Total Price: Step 2: Calculate the total price of the guitar including GST. Add the GST amount to the original price of the guitar. Calculation: $1280 + $89.60 = $1369.60