Question

The customs duty on imported vehicles is 30% of the price paid by the importer.

(a) Calculate the customs duty on a car for which the price paid by the importer is $8,500.
(b) Calculate the price paid by the importer for a bus for which the amount is paid, including customs duty is $15,600

Answer 1

A) 8500 times 0.3 = 2550
B) 15600 = 0.3x
X=15600/0.3=52000