A receipt from a supermarket shows a total of $124.87 - HSC - SSCE Mathematics Standard - Question 30 - 2023 - Paper 1
Question 30
A receipt from a supermarket shows a total of $124.87. The GST shown on the receipt is $3.86.
GST, at a rate of 10%, is only charged on some items.
What was the va... show full transcript
Worked Solution & Example Answer:A receipt from a supermarket shows a total of $124.87 - HSC - SSCE Mathematics Standard - Question 30 - 2023 - Paper 1
Step 1
Calculate the amount on which GST was charged
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Answer
To find the amount on which GST is charged, let this amount be denoted as n. Since GST is charged at a rate of 10%, we can express this as:
0.10×n=3.86
Now, solving for n gives:
n=0.103.86=38.60
Step 2
Calculate the value of goods without GST
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Answer
The total amount from the receipt is 124.87. To find the value of items that did not have GST charged, we subtract the amount on which GST was charged and the GST itself from the total:
Value of goods without GST=124.87−38.60−3.86
Calculating this, we find:
Value of goods without GST=124.87−38.60−3.86=82.41