Calculate the amount payable (VAT inclusive) if inventory for the amount of R8 8...
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Calculate the amount payable (VAT inclusive) if inventory for the amount of R8 850 (VAT exclusive) was purchased by a business registered as a VAT vendor. The applicable VAT rate is 15%:
NB: Instructions
1. Do not type the amount with any spaces as separators for thousands (eg: 10650)
2. Use a full-stop to indicate any decimals (eg: 1000.01)
3. Only show the amount, do not show the R (eg: 12141.72)
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