starter questions
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Starter Questions. Q1. True or false 2a (a – c + 4a) =2a 2 -2ac + 8a. Q2. Find the missing angle. 22 o. Q3. Easy VAT. Learning Intention. Explain how to calculate price +VAT using the simple multiplier. 2. Easy VAT. Easy way to calculate cost including VAT. - PowerPoint PPT PresentationTRANSCRIPT
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Starter QuestionsStarter Questions
Q1. True or false 2a (a – c + 4a) =2a2 -2ac + 8a
Q3. Find g when 7 + 8g 95
Q2. Find the missing angle 22o
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Learning IntentionLearning Intention
Explain how to calculate price +VAT
using the simple multiplier
22
Easy VAT Easy VAT
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Easy VATEasy VAT
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
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Easy VATEasy VATVAT at 17.5%
Examples
……Find:50% of 100 75% of 36 100% of 40
First convert each percentage to a decimal then……
117.5% of 12
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Cost before
VATx 1.175
Cost including VAT
Easy VATEasy VAT
Easy way to calculate cost including VAT
VAT at 17.5%
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VAT – 17.5%VAT – 17.5%
Value added Tax
Example 1
How much will I pay for the computer including VAT below ?
VAT means :
£1000 + VATTotal cost is £1000 + £175 = £1175
Easy method
Cost x VAT multiplier
= 1000 x 1.175= £1175
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VAT – 17.5%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
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Now try Ex 4.2Ch4 Pg 51
Easy VAT Easy VAT