Respuesta :
The difference in price of a car is £375 it is due to the rate of VAT increase from 17.5% to 20% and this can be evaluated by the help of unitary method.
Given :
Rate of VAT increased from 17.5% to 20%.
Total price of a car = £15000 + VAT.
In this problem unitary method can be used to determine the difference in price of a car which is due to the increased rate of VAT.
The price of VAT when its' rate is 17.5% can be:
[tex]= \dfrac{15000}{100} \times 17.5[/tex]
= £ 2625
Therefore, the total price of car when VAT is 17.5% is £17625.
The price of VAT when its' rate is 20% can be:
[tex]= \dfrac{15000}{100} \times 20[/tex]
= £ 3000
Therefore, the total price of car when VAT is 20% is £18000.
So, the difference in price of car = 18000 - 17625 = £375.
For more information, refer the link given below:
https://brainly.com/question/14793162
