Calculating GST and Final Prices
Instructions: GST (Goods and Services Tax) in New Zealand is 15%. Calculate the GST amount and the final price including GST for each item below. Show your working.
Remember: GST = Price × 0.15 | Final Price = Price + GST
Part A: Calculate GST and Final Price
1. A bicycle costs $420.00 (excluding GST)
GST amount: $________________
Final price (including GST): $________________
2. A laptop costs $1,200.00 (excluding GST)
GST amount: $________________
Final price (including GST): $________________
3. A haircut costs $35.00 (excluding GST)
GST amount: $________________
Final price (including GST): $________________
4. A tablet costs $680.00 (excluding GST)
GST amount: $________________
Final price (including GST): $________________
Part B: Complete the Shopping Receipt
Fill in the missing amounts on this receipt. All prices shown are excluding GST.
| Item | Price (excl. GST) | GST | Price (incl. GST) |
|---|---|---|---|
| Sports shoes | $85.00 | ___________ | ___________ |
| Backpack | $52.00 | ___________ | ___________ |
| Water bottle | $18.00 | ___________ | ___________ |
| TOTAL | ___________ | ___________ | |
Part C: Word Problems
5. A plumber charges $180.00 for labour (excluding GST). How much will the customer pay in total including GST?
Answer: $________________
6. Josh buys a cricket bat for $95.00 (excluding GST) and a pair of gloves for $45.00 (excluding GST). What is the total cost including GST for both items?
Answer: $________________