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In January 2011 the rate of VAT increased from 17.5% to 20%. Work out the difference in price of a car worth £17000 + VAT due to the increase in VAT.

In January 2011 the rate of VAT increased from 17.5% to 20%. Work out the difference in price of a car worth £17000 + VAT due to the increase in VAT.
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15 votes
In January 2011 the rate of VAT increased from 17.5% to 20%.

Work out the difference in price of a car worth £17000 + VAT
due to the increase in VAT.

asked
User Mwaskom
by
8.7k points

1 Answer

7 votes

Answer: Attributed to the increase in VAT, the change in cost of a car worth RS 15000+VAT is Rs 375.

Explanation:

answered
User Dondapati
by
9.2k points
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