Australian Business Forum  

Go Back   Australian Business Forum > General Business Discussion > Tax and Legal Discussion

Tax and Legal Discussion Having problems with taxation and the law? Ask for help here.


Reply
 
LinkBack Thread Tools
Old 14-04-08   #1
Junior Member
 
Join Date: Apr 2008
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
Bumble_BeeMeD is on a distinguished road
Default Maths Assignment - Algebra????

These are the groceries given.Crackers: $1.60(w/out GST) $1.76(w/GST)Milk: $4.30(w/out GST) $4.73(w/GST)Dogfood: $2.10(w/out GST) $2.31(w/GST)Cake: $3.50(w/out GST) $3.85(w/GST)(GST = 10%)The Australian Taxation Office advises that "to calculate the GST included in a price, divide the price by 11". Show why this always works?????
Bumble_BeeMeD is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit!
Reply With Quote
Sponsored Links
Old 14-04-08   #2
Junior Member
 
Join Date: Apr 2008
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
Matt5614 is on a distinguished road
Default Maths Assignment - Algebra????

If you add 10% onto something you then have a total of 11 tenths. Divide it by 11 and you have your original 10% that was added.Sorry I dont know how to express this in mathematic terms.
Matt5614 is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit!
Reply With Quote
Old 15-04-08   #3
Junior Member
 
Join Date: Apr 2008
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
Sudhir is on a distinguished road
Default Maths Assignment - Algebra????

elle...........
Sudhir is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit!
Reply With Quote
Reply

Tags
algebra, assignment, maths

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT +11. The time now is 10:09 PM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.2.0