Civil Service Exam Reviewer · Percentage · hard

A receipt shows a VAT-inclusive total of ₱5,432. How much of this is the 12% VAT?

  1. ₱582
  2. ₱651.84
  3. ₱4,850
  4. ₱608.38

Answer

A. ₱582

Solution

VAT-exclusive price = ₱5,432 ÷ 1.12 = ₱4,850. VAT = ₱5,432 − ₱4,850 = ₱582 (or ₱5,432 × 12/112).

More Percentage questions

  1. The price of a product was increased by 30% and then decreased by 30%. What is the net percent change?
  2. An item bought for ₱1,800 is sold for ₱2,250. What is the profit as a percent of the SELLING price?
  3. A length of 40 m was measured as 38 m. What is the percent error?
  4. In a municipality survey of 1,800 residents, 50% are women and 40% of the women are employed. How many employed women were surveyed?
  5. What is 75% of 10% of 1,200?
  6. 30 liters of a 30% alcohol solution are mixed with 35 liters of a 80% alcohol solution. What is the alcohol concentration of the mixture?
  7. A town has a population of 6,000. If it grows by 5% each year, what will the population be after 2 years?
  8. A receipt shows a VAT-inclusive total of ₱6,944. How much of this is the 12% VAT?
  9. The price of a product was increased by 20% and then decreased by 15%. What is the net percent change?
  10. A store gives successive discounts of 20% and 15%. What single discount is equivalent to these?

All Percentage questions