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anonymous
 one year ago
Harris purchased a set of golf clubs from the USA for US$900. he had to pay 18% customs duty and 13%HST to import it. calculate the total cost of the clubs. if a similar set of clubs cost C$1000 plus 13% HST, was it cheaper for him to buy it from the USA?, assume that the exchange rate was US$1=C$1.1115
anonymous
 one year ago
Harris purchased a set of golf clubs from the USA for US$900. he had to pay 18% customs duty and 13%HST to import it. calculate the total cost of the clubs. if a similar set of clubs cost C$1000 plus 13% HST, was it cheaper for him to buy it from the USA?, assume that the exchange rate was US$1=C$1.1115

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Kash_TheSmartGuy
 one year ago
Best ResponseYou've already chosen the best response.2Here, we need to do 2 equations and solve them.

Kash_TheSmartGuy
 one year ago
Best ResponseYou've already chosen the best response.2So, what will be the 2 equations? @uju25

Kash_TheSmartGuy
 one year ago
Best ResponseYou've already chosen the best response.2\[900+(900*0.18)+(900*0.13)\]\[900+162+117=1179\] So, 1179 is your answer for the total cost of the first set of clubs. You getting it, right?

Kash_TheSmartGuy
 one year ago
Best ResponseYou've already chosen the best response.2Next, you need to convert C$ into US$. So, do 1000*1.115=?

Kash_TheSmartGuy
 one year ago
Best ResponseYou've already chosen the best response.2Then, \[1115+(1115*0.13)\]\[1115+144.95=$1259.95\]So, is $1259.95 bigger or $1179 bigger?

Kash_TheSmartGuy
 one year ago
Best ResponseYou've already chosen the best response.2The answer is that it wouldn't have been cheaper to buy buy it from Canada. You get it.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0yes, I get it now.. thanks
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