VAT rate falls from 13% to 12.5%. Laptop price drops by 3.50%. What was...?

Mathsonthemove

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Sep 30, 2017
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I really dont know how to do this secondary school question:

In a particular year's budget, the VAT rate falls from 13% to 12.5%. The price of the laptop drops by 3.50%
(i) what was the price of the laptop before the change in VAT rate?

If I could get an explanation that would be helpful :)
 
I really dont know how to do this secondary school question:

In a particular year's budget, the VAT rate falls from 13% to 12.5%. The price of the laptop drops by 3.50%
(i) what was the price of the laptop before the change in VAT rate?

If I could get an explanation that would be helpful :)
Have your class and textbook not covered any of this yet? Are you familiar at all with working with "percent of" word problems and equations?

Please specify where you're having difficulty, so we can find on-target lesson links for you. Thank you! ;)
 
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