Question

Mrs Reed buys a car costing £11760

This cost includes VAT at a rate of
20%.
How much is the VAT?

Answer 1

£2352

Explanation:

We Know

A car costing £11760

VAT at a rate of 20%

How much is the VAT?

We Take

11760 x 0.2 = £2352

So, the VAT is £2352