A customer buys a laptop for $850 and a CD for $13.

AFP CTP Question Answer

A customer buys a laptop for $850 and a CD for $13. Only items with sale price of $15 and greater are subject to value added tax (VAT). Assuming VAT of 8.5%, how much tax does the customer incur at the point of sale?

$72.25

$73.36

$722.25

$922.25

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Update on: Oct 21, 2025
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A customer buys a laptop for $850 and a CD for $13.

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