In 2010, the rate of VAT (Value-Added Tax) was 17.5%. The cost of an electricity bill in 2010 was $213, including VAT at 17.5%. What
In 2010, the rate of VAT (Value-Added Tax) was 17.5%. The cost of an electricity bill in 2010 was $213, including VAT at 17.5%. What was the cost of the bill excluding VAT, in pounds to the nearest penny (that is, to two decimal places)? Enter your answer in the box below as a decimal number (without the { sign)
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