Pls help immediately...its very urgent i will be greatful?

Effective Rate of Protection





Suppose the following holds for import of motor bikes in $.





(i) In 2006 the cif price of importing a new completely built up mobikes was $ 2,000. Import duty was levied at 20% and VAT at 10%. [Note VAT is levied on top of import duty.]


a. How much tax would be collected per mobike?


b. Calculate the retail price of the mobike.





(ii) In 2006 the import price of a completely knocked down mobike kit is $ 1,500. Local components (mudguards, tires etc.) cost about $ 150 per mobike. Import duty was levied at 10% and VAT at 10%.


a. How much tax would be collected per mobike components?


b. Calculate the retail price of the mobike components.





(iii) Calculate the effective rate of protection on local mobike assembly|||grateful not greatful|||1) a - 640 dollars


b) what are your retail tax rate and the profit margin you want to add?





2) a - import duty - 150, VAT 165, so taxes are on 1965 - do not know the rate


b- need profit margin