VAT

John paid 1000 Euros in store for purchase.

Calculate value added tax (VAT), which paid in purchase, if the VAT rate is 20%.

Correct answer:

DPH =  166.67 Eur

Step-by-step explanation:

$DPH={\displaystyle \frac{1000}{1+{\displaystyle \frac{20}{100}}}}\cdot {\displaystyle \frac{20}{100}}=166.67\text{ Eur}$

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