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What is the vat amount included in the selling price

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Reference no: EM132594181

Polokwane Traders (VAT vendor) sells a gas heater for R5 700, inclusive of 15% VAT, to Mrs D Stubs.

Question 1: What is the VAT amount included in the above selling price?

R

(1) 4 500

(2) 700

(3) 4 957

(4) 743

(5) 5 000

Reference no: EM132594181

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