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1 year ago

In sweden, vat is at 25%. ella buys a hat in sweden for 50 sek( swedish krona). find the vat paid by ella.

Mathematics

1 answer:

V125BC [204]1 year ago

3 0

If Ella buys a hat in Sweden for 50 SEK with 25% VAT, then the VAT paid by Ella is 12.5 SEK

A Value-Added Tax (VAT) is a consumption tax assessed on the value added in each production stage of a good or service

Given,

The price of hat = 50 SEK

VAT =25%

The amount paid as VAT= $50(\frac{25}{100})$

=12.5 SEK

Hence, If Ella buys a hat in Sweden for 50 SEK with 25% VAT, then the VAT paid by Ella is 12.5 SEK

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<h3>Working with the cost equation.</h3>

Here we know that the cost equation is:

c(x) = 10*x + 900.

First, we want to get the fixed cost, it is given by evaluating the function in x = 0.

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R: c ∈ [900, 2400]

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