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Task 1 Value Added Tax for Audio Books Since 2015, certain audio books in Germany have been taxed at a reduced rate of 7 %

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Task 1 Value Added Tax for Audio Books Since 2015, certain audio books in Germany have been taxed at a reduced rate of 7 % Value Added Tax (VAT) instead of 19 %. Task: Suggest a formula to calculate the reduced price y of an audio book including 7 % VAT, that originally cost x including 19 % VAT

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