What is the total price that bob pays, including vat


Problem: The sale price of a drum kit in the UK is 950 Pounds + VAT (Value Added Tax), where VAT is a sales tax of 20%. After some negotiation, the owner of the store agrees to give Bob a 12 % discount on the drum kit. What is the total price that Bob pays, including VAT? Answer in Pounds and round your answer to the nearest pence (1 pence= 1 100 Pound). Note: VAT is a sales tax that gets calculated before a discount is applied and the discount is calculated on this total.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What is the total price that bob pays, including vat
Reference No:- TGS03429233

Expected delivery within 24 Hours