Answer:
Step-by-step explanation:
i) Vat % = 15%
Tax = 15% of 1600
[tex]= \dfrac{15}{100}*1600\\\\= 15*16[/tex]
= $ 240
Total amount = selling price + tax
= 1600 + 240
= $ 1840
ii) Original price = $ x
The sale price was 20% less than the original price. $ 1600 is (100-20) = 80% of the original price.
80% of x = 1600
[tex]\dfrac{80}{100}*x = 1600\\\\\\x = 1600*\dfrac{100}{80}\\\\\\x = 20*100[/tex]
Original price = $ 2000
