Whether you're a student or a professional, IDNLearn.com has answers for everyone. Our experts provide timely and precise responses to help you understand and solve any issue you face.

Mr and Mrs Jones received their heating bill the details follows
Present meter reading: 2410
Previous meter reading: 2090
Charge per unit: 12p per unit
Service charge: 20p per day for 14 days.
VAT: 5%
Find the total increase of the heating bill.


Sagot :

Answer:

Previous meter reading: 2090

Charge per unit: 12p per unit

Step-by-step explanation:

Answer:

£43.26

Step-by-step explanation:

Given readings:

  • Present meter reading: 2410
  • Previous meter reading: 2090

Calculate the number of units used:

[tex]\begin{aligned} \textsf{Number of units used} &= \textsf{Present meter reading} - \textsf{Previous meter reading}\\&= \sf 2410 - 2090\\&= \sf 320\; units \end{aligned}[/tex]

Given charges:

  • Charge per unit: 12p per unit.
  • Service charge: 20p per day for 14 days.

Calculate the cost excluding VAT:

[tex]\begin{aligned}\textsf{Cost (exc. VAT)}&=\textsf{(\# of units $\times$ charge per unit)}+\textsf{(\# of days $\times$ service charge per day)}\\ & = \sf 320 \times \£0.12 + 14 \times \£0.20\\&= \sf \£38.4+\£2.8\\&= \sf \£41.20\end{aligned}[/tex]

To find the total cost including VAT at 5%, multiply the cost (exc. VAT) by 1.05:

[tex]\begin{aligned}\textsf{Cost (inc. VAT at 5\%)}&= \sf \£41.20 \times 1.05\\&= \sf \£43.26\end{aligned}[/tex]