Given, the cost of TV = $800.
The total cost includes a VAT of 20%.
So we have to find first 20% of $800.
20% of $800 = [tex] (800)(\frac{20}{100} ) [/tex]
= [tex] \frac{(800)(20)}{100} [/tex]
= [tex] \frac{16000}{100} [/tex]
= [tex] 160 [/tex]
So the amount of VAT = $160.
Total cost of TV = cost of TV + VAT on it
Total cost of TV = $800 + $160 = $[tex] (800+160) [/tex] = $[tex] 960 [/tex]
So we have got the required answer.
Total cost of TV = $960.
