Question

Seth owns a Lawn Mower shop. He buys a Honda 4-stroke mower from the supplier for $1011.

The mark-up on the Mower is 70%. GST of 10% is then added. What is the final retail price of the mower?

Answer 1

$1890.57

Explanation:

First we put the 70% on the original 1011, we can do this by multiplying 1011 by 1.7, now we have 1718.7

Now we put on the 10% tax on the new price, we can do this by multiplying 1718.7 by 1.1, now we get 1890.57

Therefore, the final retail price of the mower is $1890.57, respectively