VAT lottery

Father earns 1088 euro a month, mother 925 euro per month. Calculate what amount they paid as value added tax (VAT) to the government if the VAT rate is 20%. Assume that the family will spend their entire monthly income.

Correct answer:

VAT =  402.6 Eur

Step-by-step explanation:

$$\begin{gathered} q=20\mathrm{\%}={\displaystyle \frac{20}{100}}=0.2 \\ VAT=x=q\cdot (1088+925)=0.2\cdot (1088+925)={\displaystyle \frac{2013}{5}}={\displaystyle \frac{2013}{5}}\text{ Eur}=402.6\text{ Eur} \end{gathered}$$

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