Question
Calculate the VAT on a new computer that costs R4195.
Ask by Vaughan Reyes. in South Africa
Mar 12,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
The VAT on the new computer is R629.25.
Solution
To calculate the VAT on a new computer that costs R4195, we can use the formula for calculating VAT:
\[ \text{VAT} = \text{Cost} \times \text{VAT Rate} \]
Given that the VAT rate is 15% (0.15), we can substitute the values into the formula:
\[ \text{VAT} = 4195 \times 0.15 \]
Now, we can calculate the VAT.
Calculate the value by following steps:
- step0: Calculate:
\(4195\times 0.15\)
- step1: Multiply the numbers:
\(629.25\)
The VAT on the new computer that costs R4195 is R629.25.
Answered by UpStudy AI and reviewed by a Professional Tutor
Like
error msg
Explain 
Simplify this solution Beyond the Answer
To calculate the VAT on a new computer costing R4195, you need to know the VAT rate. In South Africa, the standard VAT rate is 15%. So, you can find the VAT by multiplying the cost by the VAT rate: R4195 x 0.15 = R629.25. Therefore, the total cost including VAT would be R4195 + R629.25 = R4824.25. If you’re shopping for electronics, always double-check if VAT is included in the price or if it’s extra. Some retailers might showcase separate pricing for transparency, so you can see exactly how much you're paying in taxes!
