The sale price of a drum kit in the UK is 950 Pounds + VAT (Value Added Tax), where VAT is a sales tax of 20%. After some negotiation, the owner of the store agrees to give Bob a 12% discount on the drum kit. What is the total price that Bob pays, including VAT? Answer in Pounds and round your answer to the nearest pence (1 pence=1100Pound). Note: VAT is a sales tax that gets calculated before a discount is applied and the discount is calculated on this total.

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Heres how to calculate the total price Bob pays 1 Calculate the VAT amount VAT ... View the full answer