Percentages involving Finances: Discount and GST
Percentages involving Finances: Discount and GST
TGM Original Questions
Leonard is planning to buy a new cooker and he noticed there are three different shops selling the same brand of cooker. The sales plans of the three shops are as follows (GST rate is \(9\%\)):
| Shop A | Shop B | Shop C |
|---|---|---|
| \(\$50\) before GST. | \(\$60\) inclusive of GST and a discount of \(15\%\). | \(\$60\) before GST and a discount of \(50\%\) for the second one to buy. |
- For each of the three shops, find the price Leonard needs to pay if he wants to buy only one such cooker. Hence, state which shop should Leonard choose.
- One of Leonard's friends, Vincent, also wants to buy a such cooker, and Vincent agrees to share the bill equally with Leonard if possible. State which shop should they choose by providing detailed workings.
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Answer:(i) Assuming Shop B’s SGD 60 is before its discount: A SGD 54.50, B SGD 51.00, C SGD 65.40; choose B. (ii) Choose C: SGD 98.10 total, SGD 49.05 each.
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