NCEA L1 Commerce Practice Questions - NCEA Level 1 Commerce - New Zealand Exam

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A retail product in New Zealand has a GST-exclusive price of $200. With Goods and Services Tax (GST) set at 15%, what is the final GST-inclusive selling price?

$$215.00 $$230.00 $$245.00 $$215.15

Correct Answer:

$$230.00

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