Mrs Lim bought a watch at a discount of 15% and she paid $124.10, not including GST. What is the original price of the watch including 8% GST? Answer: $ ___

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Worked solution

4

1. Find the original price of the watch before the discount and before GST.

Let the original price be 100%100\%.
Since the discount is 15%15\%, the price paid is 100%−15%=85%100\% - 15\% = 85\%.
85%→$124.1085\% \rightarrow \char36{}124.10
1%→$124.10÷85=$1.461\% \rightarrow \char36{}124.10 \div 85 = \char36{}1.46
100%→$1.46×100=$146.00100\% \rightarrow \char36{}1.46 \times 100 = \char36{}146.00

2. Calculate the original price including 8% GST.

Original price including 8%8\% GST =$146.00×(100%+8%)= \char36{}146.00 \times (100\% + 8\%)
=$146.00×1.08= \char36{}146.00 \times 1.08
=$157.68= \char36{}157.68

Answer

$157.68

AI analysis — may contain mistakes.

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