VAT lottery

Father earns 993 euro a month, mother 918 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 result:

VAT =  382.2 Eur

Solution:

$VAT={\displaystyle \frac{20}{100}}(993+918)=382.2\text{ Eur}$

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