Question 22M.3.HL.TZ0.1a.vi
| Date | May 2022 | Marks available | [Maximum mark: 2] | Reference code | 22M.3.HL.TZ0.1a.vi |
| Level | HL | Paper | 3 | Time zone | TZ0 |
| Command term | Calculate | Question number | a.vi | Adapted from | N/A |
A firm in Burundi paid 32 000 Burundi francs (Fbu), including VAT, in order to purchase a piece of industrial equipment. The rate of VAT for this equipment is 20 %.
Calculate the amount of VAT which was paid on the purchase of this equipment.
[2]
(32 000/1.2) × 0.2
Any valid working should be rewarded with [1].
= Fbu 5333.33
An answer of 5333 without workings is sufficient for [1].
N.B. For full marks to be awarded the response must provide valid working and include correct units.
It is clear that many candidates had not been prepared adequately for this question. Such candidates incorrectly multiplied the level of expenditure by the tax rate. This calculation is specified in the subject guide, and illustrated in the specimen paper, thus it was disappointing that candidates in many centres were unable to perform the calculation accurately.
