Subjects algebra

Vat Inclusive

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Vat Inclusive


1. The problem asks to find the VAT inclusive total when the VAT exclusive total is 939.13 and VAT rate is 15%. 2. VAT exclusive total means the price before VAT is added. 3. VAT rate of 15% means the inclusive total is the exclusive total plus 15% of it. 4. We calculate VAT amount as $939.13 \times 0.15 = 140.8695$. 5. The VAT inclusive total is the sum of the exclusive total and VAT amount. 6. Calculate inclusive total: $$939.13 + 140.8695 = 1080.00$$ after rounding to two decimal places. 7. Therefore, the VAT inclusive total is 1080.00.