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Transcript

## Example 4. A group of teachers decided to eat in a restaurant. The meal costs ₱4550 plus a 12% VAT. How much is the total amount they paid in the cashier? ### Solution: In this problem, it is important to compute the sales tax first. That is, Sales Tax = Total Amount of Product × Rate of Sal...

## Example 4. A group of teachers decided to eat in a restaurant. The meal costs ₱4550 plus a 12% VAT. How much is the total amount they paid in the cashier? ### Solution: In this problem, it is important to compute the sales tax first. That is, Sales Tax = Total Amount of Product × Rate of Sales Tax Sales Tax = 4550 × 0.12 Sales Tax = ₱546 Emphasize that this is not yet a final answer since they are asked to find the total amount that the group of teachers paid in the cashier. To do that, Total Amount Paid in the Cashier = Total Amount of Product + Sales Tax Total Amount Paid in the Cashier = 4550 + 546 Total Amount Paid in the Cashier = ₱5,096 **Answer:** Thus, the total amount paid in the cashier is ₱5,096.

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sales tax math problem basic calculations finance
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