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Hendry bought a pair of Nike shoes from New York last summer for US $300. On returning back to Canada, he had to pay a
Hendry bought a pair of Nike shoes from New York last summer for US $300. On returning back to Canada, he had to pay a custom duty on the shoes at the rate of 15%. And then 10% HST. Let the exchange rate be C$1 = US$0.7495. He bought a similar pair of shoes on sale in Canada during boxing day which costs him C$ 400 (all taxes inclusive) for his brother. For which pair of Nike shoes Hendry paid more?
a | Shoes bought from Canada |
b | Shoes bought from New York |
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