Question

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

Answer 1

Here, we need to do 2 equations and solve them.

Answer 2

So, what will be the 2 equations? @uju25

Answer 3

I have no idea

Answer 4

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

Answer 5

yes, I am

Answer 6

Next, you need to convert C$ into US$. So, do 1000*1.115=?

Answer 7

115

Answer 8

1115

Answer 9

Then, \[1115+(1115*0.13)\]\[1115+144.95=$1259.95\]So, is $1259.95 bigger or $1179 bigger?

Answer 10

@uju25

Answer 11

yes

Answer 12

Yes, what?

Answer 13

The answer is that it wouldn't have been cheaper to buy buy it from Canada. You get it.

Answer 14

yes, I get it now.. thanks