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Evaluate the following to the nearest cent:

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The cost price of an item was €$\\var{a}$ before VAT. What was the price including VAT at $\\var{VAT}$%?

\n

€[[0]]

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First we need to find $\\var{VAT}$% of $€\\var{a}$. To do this we need to multiply $€\\var{a}$ by $\\var{VAT}$ and divide by 100. The easiest way is to multiply $€\\var{a}$ by $\\frac{\\var{VAT}}{100}$. This is the amount of VAT that must be paid. Add this on to the original cost priceto find the total selling price including VAT.

\n

$€\\var{a} \\times \\var{newVAT1} = €\\var{ans}$

", "tags": [], "extensions": [], "metadata": {"description": "

Finding the cost including VAT

\n

rebelmaths

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