air fares vat
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The airline has quoted you a net price of 2 000.00 for JNB / CPT ticket. you must calculate your commission (7%). Therefor come, you need to add an administration fee of 5%, calculated on the net fare quoted.Vat (14%) should also be aware of commissions you earn, and the administration fee you charge. What is the size of the commission will you earn? How much is your service fee How much is the VAT part (of commission and management fee)? How much passengers pay you?
Commission = 2 000 x 0.07 processing fee = 2 000 x 0.5 VAT = (Commission + administration fee) x 0.14 I suppose "service fee" is the same as management fee Passenger Pays you: Net Rate + Commission + administration fee as appears to be "algebra" problems I suppose you can handle simple arithmetic problems and can get a calculator.