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A plumbers bill is £463.20 plus VAT. The current rate of VAT is 20% what is the actual cost of work done

A plumbers bill is £463.20 plus VAT. The current rate of VAT is 20% what is the actual cost of work done
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3 votes
A plumbers bill is £463.20 plus VAT. The current rate of VAT is 20% what is the actual cost of work done

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User Bek Roz
by
7.8k points

1 Answer

4 votes
actual cost = bill + VAT*bill
= bill*(1 +VAT)
= £463.20*(1 +0.20)
actual cost = £555.84
answered
User Alchete
by
8.5k points
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