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Exercise 1 (A) Example: 1 Given: Base Price = 540 Rate of Sales Tax = 8% Price (Inclusive of Sales Tax) = Base Price x Price (Inclusive of Sales Tax) = 540 x 100 + 100 100 + 8 100 Price (Inclusive of Sales Tax) = 583.20 Example: 2 Given: Amount of Sales Tax = 345.60 Base Price = 3840 Amount of Sales Tax = Base Price x 345.60 = 3840 x 345.60 100 3840 100 100 = Rate of Sales Tax Rate of Sales Tax = 9% Example: 3 Given: Price (Inclusive of Sales Tax) = 13530 Rate of Sales Tax = 10% Price (Inclusive of Sales Tax) = Base Price x 13530 = Base Price x 13530 100 110 100 + 100 100 + 10 100 = Base Price Base Price = 12300 Example: 4 Given: Base Price (Biscuit) = 158 Rate of Sales Tax (Biscuit) = 6% Base Price (Cosmetic) = 354 Rate of Sales Tax (Cosmetic) = 9%
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