Answer:
$32.50
Step-by-step explanation:
The total cost of the bicycle is the cost of the bicycle and the amount of harmonized tax for it. The sales tax is a percentage applied to the original cost of the item which is added to the original cost to get the total cost.
Given that the harmonized sales tax is 13%, let the cost of the bicycle (without the tax be T
T + 13% * T = $282.50
1.13T = $282.50
T = $282.50/1.13
= $250
The amount of HST on the bike that cost $250
= $282.50 - $250
= $32.50
