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22 December, 06:52

A refrigerator is priced at $1,495 inclusive of 15% VAT. What is the price exclusive of VAT

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  1. 22 December, 07:11
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    As it is inclusive of the 15% we have to kinda minus away the 15%

    So 15% of $1495 is $224.25

    Then subtract $224.25 from $1495

    $1495-$224.25=$1270.75

    So the price exclusive of VAT is $1270.75
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