You booked a hotel room for 300 CHF (without VAT). Knowing that the VAT is \( 25 \% \), what is the final price you will pay (price with VAT)? If needed, round your answer to 0 decimal.
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To find the final price including VAT, you can use this formula: Final Price = Original Price + (Original Price × VAT Rate). Here, the original price is 300 CHF and the VAT rate is 25%. So, the calculation goes like this: Final Price = 300 + (300 × 0.25) = 300 + 75 = 375 CHF. This means you will pay a total of 375 CHF for your hotel room. Knowing your costs, including VAT, is crucial when budgeting for travel! Many travelers overlook VAT, especially in Europe, which can lead to unexpected expenses. So remember to always check if prices include VAT or if it will be added, just like the delicious toppings you’d want on your dessert!