Starter Santa weighs 86kg before his Xmas deliveries. He loses 15% of his weight while doing his Xmas deliveries. How heavy is he after delivering presents?

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Presentation transcript:

Starter Santa weighs 86kg before his Xmas deliveries. He loses 15% of his weight while doing his Xmas deliveries. How heavy is he after delivering presents? Jim buys a second hand car. The price falls by 38%. It sells for $2139. How much did he pay for it? 73.1kg $3450

Price before GST (Exclusive) Note 16: GST GST (Goods and Services Tax) is a tax on spending (15%) × 1.15 Price before GST (Exclusive) Price including GST (Inclusive) ÷ 1.15

Example 1: A filing cabinet is advertised for $199 plus GST. Calculate the GST inclusive price GST Inclusive How much is the GST component? GST = GST inclusive – GST exclusive = $199 x 1.15 = $228.85 = $228.85 – $199 = $29.85

Example 2: A company dinner costs $69. 95 including GST Example 2: A company dinner costs $69.95 including GST. Calculate the GST exclusive price. GST Exclusive How much is the GST component? GST = GST inclusive – GST exclusive = $69.95 ÷ 1.15 = $60.83 = $69.95 – $60.83 = $9.12

Page 35 Exercise X