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Keith buys a new hurl - Leaving Cert Mathematics - Question c - 2022

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Keith buys a new hurl. It usually costs €33. Keith gets a student discount of 15%. Work out the price Keith pays for the hurl. Keith also buys a jersey. This costs ... show full transcript

Worked Solution & Example Answer:Keith buys a new hurl - Leaving Cert Mathematics - Question c - 2022

Step 1

Work out the price Keith pays for the hurl.

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Answer

To calculate the price after the student discount, first determine the amount of the discount:

  1. Calculate 15% of €33:

    extDiscount=0.15imes33=4.95 ext{Discount} = 0.15 imes 33 = 4.95

  2. Subtract the discount from the original price:

    extPriceafterdiscount=334.95=28.05 ext{Price after discount} = 33 - 4.95 = 28.05

Thus, the price Keith pays for the hurl is €28.05.

Step 2

Work out the VAT on this jersey.

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Answer

Given that the jersey costs €49.50, including VAT at 23%, we need to find the VAT amount included in this price:

  1. Let the price without VAT be denoted as P. The relation considering VAT is:

    P+0.23P=49.50P + 0.23P = 49.50

    Simplifying gives:

    1.23P=49.501.23P = 49.50

  2. To find P, we divide:

    P=49.501.2340.24P = \frac{49.50}{1.23} \approx 40.24

  3. Now, calculate the VAT:

    extVAT=49.5040.24=9.26 ext{VAT} = 49.50 - 40.24 = 9.26

Therefore, the VAT on the jersey is €9.26.

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