Goods+and+Services+Tax+(GST)


 * __Goods and Services Tax (GST) __** Open this file and save it to your laptop for the notes on today's lesson.

Go to the website below and the save code X05K6 into the space on the right of screen. This will then take you to the activity. Tale4Students Now attempt the questions below. 1. Determine the GST that needs to be added to the original prices of: a) $70  b) $120  c) $46.20  d) $59.70  e) $863   2. Determine the retail price after the GST of 10% is added to the following:  a) $60  b) $150  c) $220  d) $740  <span style="color: #008000; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">e) $75  <span style="color: #008000; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">f) $112 <span style="color: #000080; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">3. How much GST is contained in the following prices? <span style="color: #000080; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">a) $22 <span style="color: #000080; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">b) $110  <span style="color: #000080; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">c) $165  <span style="color: #000080; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">d) $286  <span style="color: #000080; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">e) $61.60  <span style="color: #000080; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">f) $57.20 <span style="color: #008000; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">4. What was the original price before the GST of 10% was added to each of these retail prices? <span style="color: #008000; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">a) $77 <span style="color: #008000; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">b) $132  <span style="color: #008000; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">c) $198  <span style="color: #008000; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">d) $275  <span style="color: #008000; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">e) $15.40  <span style="color: #008000; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">f) $28.60 <span style="color: #000080; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">5. When retailers sell a mixture of goods where the GST is only applied to some items, they normally indicate which items on the bill include the GST. This bill indicates the items which include the GST with asterisk (*). Determine the amount of GST that would be included in the total on this bill. <span style="font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;"> <span style="font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">Here is an extension question for fast finishers. <span style="color: #008000; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">6. The retailer indicates the GST items with a percentage (%) sign. Determine the GST included in these bills. <span style="color: #008000; font-family: 'Comic Sans MS',cursive; font-size: 20px; line-height: 29px;">