Civil Service Exam Reviewer · Percentage · hard
A receipt shows a VAT-inclusive total of ₱4,340. How much of this is the 12% VAT?
- ₱465
- ₱520.80
- ₱3,875
- ₱486.08
Answer
A. ₱465
Solution
VAT-exclusive price = ₱4,340 ÷ 1.12 = ₱3,875. VAT = ₱4,340 − ₱3,875 = ₱465 (or ₱4,340 × 12/112).
More Percentage questions
- The price of a product was increased by 15% and then decreased by 40%. What is the net percent change?
- A store gives successive discounts of 25% and 15%. What single discount is equivalent to these?
- An item bought for ₱700 is sold for ₱910. What is the profit as a percent of the SELLING price?
- A final grade is computed as 60% from the midterm and 40% from the final exam. A student scored 62% in the midterm. What final exam score…
- In a municipality survey of 1,000 residents, 60% are women and 25% of the women are employed. How many employed women were surveyed?
- What is 60% of 20% of 3,700?
- The length of a rectangle is increased by 40% and its width is decreased by 50%. What is the percent change in its area?
- 15 liters of a 40% alcohol solution are mixed with 10 liters of a 70% alcohol solution. What is the alcohol concentration of the mixture?
- A town has a population of 53,000. If it grows by 6% each year, what will the population be after 2 years?
- A trader marks up an item costing ₱500 by 40%, then sells it at a 10% discount. What is the percent profit based on cost?