The selling price of an alarm clock contains 5.60 € value added tax. Calculate the price without the value added tax when the tax rate is 24 %.
5.60 € value added tax is 24% of selling price without the value added tax is 100% - 24% = 76%.
Let's make a proportion. If 5.60 € is 24% then 76% will be:
(5.60 € * 76%)/24% = 17,73 €.
Answer: the price of an alarm clock without the value added tax is 17,73 €.
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