Ratios and appilcation

Question

Noah who lives in Vancouver, purchased a piece of equipment from Australia for A$ 535,280. he was charged 10% duty, 7%PST to import it, calculate the total cost of the equipment, assume the exchange rate was C$1=A$1.0295

Answer 1

535,280 equipment + 53,528 duty +37,470 PST = 626,278 Total Australian costs

 

 

C$/ A$   =   1/1.0295   

 

C$/626,278  =  1/1.0295

 

multiplying both sides by 626,278

 

C$ = 626,278/1.0295

 

C$ = $608,332 (Noah will pay this in Canadian dollars)