Download presentation

Presentation is loading. Please wait.

Published byAngel Dixon Modified over 7 years ago

2
Starter Questions Q1. True or false 2a (a – c + 4a) =2a 2 -2ac + 8a Q3. Q2. Find the missing angle 22 o

3
Learning Intention Explain how to calculate price +VAT using the simple multiplier 2 Easy VAT

4
Easy way to calculate cost including VAT The cost of anything can be expressed as ? % of the price VAT added on to the price is charged at ? % Therefore it can be said that Price + VAT = Express the following percentages as decimals a) 50 % b) 75%c) 100% d) 117.5% ? % 100 17.5 117.5

5
Easy VAT VAT at 17.5% Examples ……Find:50% of 10075% of 36100% of 40 First convert each percentage to a decimal then…… 117.5% of 12

6
Cost before VAT x 1.175 Cost including VAT Easy VAT Easy way to calculate cost including VAT VAT at 17.5%

7
VAT – 17.5% Value added Tax Example 1 How much will I pay for the computer including VAT below ? VAT means : £1000 + VAT Total cost is £1000 + £175 = £1175 Easy method Cost x VAT multiplier = 1000 x 1.175 = £1175

8
VAT – 17.5% Value added Tax Example 2 Price of the Plasma TV is shown below is excluding VAT. What is the total price I have to pay. VAT means : £1300 (excluding VAT) Total cost is £1300 + £227.50 = £1527.50 Easy method Cost x VAT multiplier = 1300 x 1.175 = £1527.50

9
Now try Ex 4.2 Ch4 Pg 51 Easy VAT

Similar presentations

© 2023 SlidePlayer.com Inc.

All rights reserved.

To make this website work, we log user data and share it with processors. To use this website, you must agree to our Privacy Policy, including cookie policy.

Ads by Google