Practical Mathematics K11Throughout Europe there is something called Value Added Tax (VAT). This is one of the ways governments get income. It is their way of taking "a piece of the action", a phrase you may have heard of in relation to American gangsters of the 1920s. VAT rates vary from country to country, with 2018 rates ranging from 8% in Switzerland to 27% in Hungary.

Some (very annoying) websites do not display the VAT until you get to the checkout, giving a false (too cheap) representation of the actual price. With a VAT rate of 20%, it is convenient to be able to calculate it in your head.

Which figure is wrong?

£ means British pound
€ means European euro

by Leslie Green