Page 82 - Demo

Review Numbers & Money Exchange│ Unit182►Al-Adliya Furniture imported furniture at cost of BHD12,600. Calculate customs paid on the furniture according to the tariff rate in the Kingdom of Bahrain.Solution:Customs = 10% ×12,600 = BHD1260Example 3-4-1:►CarrefourStores imported the following items last month:Quantity of fresh vegetables and fruits amounting to BHD1,780.Electronic items amounting to BHD23,420.Cigarettes and tobacco amounting to BHD 1,910.400.Calculate how much customs CarrefourStores paid at customs for all these items.Solution:Fresh vegetable and fruits Duty Free (Duty Exempt)Customs on electronica items = Amount paid ×Rate of Customs= 23,420 ×10% = BHD2,342.Customs on cigarettes and tobacco = 1,910.400 ×100% = BHD1,910.400Total Customs = 2,342+ 1,910.400 = BHD4,252.400Example 3-4-2:Discounts and Pricing Goods│ Unit 3