saskatchewan charges 5% gst and 6% pst. how much gst and pst would krista pay on a can of paint priced at…
saskatchewan charges 5% gst and 6% pst. how much gst and pst would krista pay on a can of paint priced at $45.89?
Answer
Explanation:
Step1: Calculate GST amount
The GST rate is 5% and the price of the paint is $45.89. The GST amount is calculated as 5% of 45.89, so $45.89\times0.05 = 2.2945\approx2.29$.
Step2: Calculate PST amount
The PST rate is 6% and the price of the paint is $45.89. The PST amount is calculated as 6% of 45.89, so $45.89\times0.06=2.7534\approx2.75$.
Answer:
The GST amount is approximately $2.29 and the PST amount is approximately $2.75.