Cryptocurrency Q&A What is $700 plus GST?

What is $700 plus GST?

Martina Martina Sun Aug 11 2024 | 1 answers 210
Excuse me, could you please clarify something for me? I'm trying to understand the total cost when adding GST to an amount of $700. Could you walk me through how one would calculate the Goods and Services Tax (GST) on top of the base amount of $700? I'm a bit unsure of the specific percentage that GST represents in this context and how it's applied to the original amount. Would you mind explaining the process and the final figure I should expect? Thank you in advance for your assistance. What is $700 plus GST?

1 answers

Riccardo Riccardo Mon Aug 12 2024
Similarly, for a transaction with a total price including GST of $700, the GST amount would be $63.64, and the price excluding GST would be $636.36.

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