Ask a New Question

A gentleman purchases a vehicle for $150000 inclusive of V.A.T if the cost of the vehicle before V.A.T was $ 127500, what percentage of the cost was V.A.T

1 answer

VAT = 150000 - 127500 = 22500
percentage of the cost = 22500/127500 = .17647
or appr 17.65%

Ask a New Question or answer this question.

Similar Questions

Select the correct answer.What is the residual value of a leased vehicle? A. the vehicle’s current selling price B. the
1. 1 answer
Break -up of Peter’s motor vehicle account is as follows:Balance as at 1.1.2019 K 45 000 Accumulated depreciation 1.1.2019 K 5
1. 1 answer
Break -up of Peter’s motor vehicle account is as follows:Balance as at 1.1.2019 K 45 000 Accumulated depreciation 1.1.2019 K 5
1. 1 answer
If you wanted to know the location of a vehicle that ran out of gas after taking a zigzag route through thecity, which quantity
1. 1 answer

more similar questions