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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

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  1. Kash_TheSmartGuy
    • one year ago
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    Here, we need to do 2 equations and solve them.

  2. Kash_TheSmartGuy
    • one year ago
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    So, what will be the 2 equations? @uju25

  3. anonymous
    • one year ago
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    I have no idea

  4. Kash_TheSmartGuy
    • one year ago
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    \[900+(900*0.18)+(900*0.13)\]\[900+162+117=1179\] So, 1179 is your answer for the total cost of the first set of clubs. You getting it, right?

  5. anonymous
    • one year ago
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    yes, I am

  6. Kash_TheSmartGuy
    • one year ago
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    Next, you need to convert C$ into US$. So, do 1000*1.115=?

  7. anonymous
    • one year ago
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    115

  8. anonymous
    • one year ago
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    1115

  9. Kash_TheSmartGuy
    • one year ago
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    Then, \[1115+(1115*0.13)\]\[1115+144.95=$1259.95\]So, is $1259.95 bigger or $1179 bigger?

  10. Kash_TheSmartGuy
    • one year ago
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    @uju25

  11. anonymous
    • one year ago
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    yes

  12. Kash_TheSmartGuy
    • one year ago
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    Yes, what?

  13. Kash_TheSmartGuy
    • one year ago
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    The answer is that it wouldn't have been cheaper to buy buy it from Canada. You get it.

  14. anonymous
    • one year ago
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    yes, I get it now.. thanks

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