Cost of the compact disc player = 50 pounds Percentage of VAT = 17 1/2% = 35/2% Then Amount of VAT that needs to be given = (35/2)% * 50 = (35/200) * 50 = 1750/200 = 8.75 So the amount of VAT that has to be given is 8.75 pound Amount that needs to be paid for the compact disc = (50 + 8.75) pound = 58.75 pound.
So the total amount that needs to be paid for the compact
disc is 58.75 pounds