Vat Inclusive
1. Stating the problem: We need to find the VAT inclusive total when the VAT exclusive total is 939.13 and the VAT rate is 15%.
2. Understanding the VAT calculation: The VAT inclusive total includes the original amount plus 15% of it. Mathematically, the VAT inclusive total is given by $$\text{Inclusive} = \text{Exclusive} + 0.15 \times \text{Exclusive}$$
3. Simplifying, we can write this as $$\text{Inclusive} = \text{Exclusive} \times (1 + 0.15) = \text{Exclusive} \times 1.15$$
4. Substituting the given VAT exclusive total into the equation, we get $$\text{Inclusive} = 939.13 \times 1.15$$
5. Performing the multiplication: $$939.13 \times 1.15 = 1080.9995$$
6. Rounding off to two decimal places gives $$1081.00$$
7. Final answer: The VAT inclusive total is 1081.00.