GST Inclusive and Exclusive Prices
Remember: GST (Goods and Services Tax) in New Zealand is 15%. When GST is added to a price, we multiply by 1.15 or add 15% to the original price.
Part A: Adding GST (Finding GST Inclusive Prices)
Calculate the GST inclusive price for each item. Show your working.
1. A book costs $20.00 (excluding GST). What is the price including GST?
Working: _________________________________________
GST inclusive price: $ ______________
2. A toy costs $40.00 (excluding GST). What is the price including GST?
Working: _________________________________________
GST inclusive price: $ ______________
3. A school bag costs $60.00 (excluding GST). What is the price including GST?
Working: _________________________________________
GST inclusive price: $ ______________
Part B: Calculating GST Amount
Calculate how much GST is charged on each item.
4. A game costs $30.00 (excluding GST). How much GST will be added?
Working: _________________________________________
GST amount: $ ______________
5. A skateboard costs $80.00 (excluding GST). How much GST will be added?
Working: _________________________________________
GST amount: $ ______________
Part C: Mixed Problems
6. A pair of shoes is advertised at $50.00 + GST. What is the total price you would pay?
Total price: $ ______________
7. A cricket bat costs $100.00 excluding GST. What is the GST inclusive price?
GST inclusive price: $ ______________
8. You see a price tag that says "$46.00 including GST". Circle the correct statement:
a) $46.00 is the price without GST
b) $46.00 is the final price you pay
c) You still need to add GST to $46.00
9. A tablet costs $200.00 + GST. How much GST is added? What is the total cost?
GST amount: $ ______________
Total cost: $ ______________
Challenge: If an item costs $23.00 including GST, approximately how much was the price before GST was added? (Hint: Think about what you would divide by)
Answer: $ ______________