Slovakia book VAT

Slovakia's VAT rate is reduced to 10% on some goods (e.g., books, textbooks, and medicines). Normal VAT is 20%.
How much would we pay for a book that cost 69.00 euros if we didn't have to pay VAT?

Final Answer:

x =  62.7273 eur

Step-by-step explanation:

q=100%+10%=1+10010=1.1  x   q = 69.00  x=69/q=69/1.1=62.7273 eur



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