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The question asks to calculate the post-tax price of a product with the following information:

- Pre-tax price: 10€
- Value-added tax (VAT) rate: 24%

To calculate the post-tax price, follow this formula:

\[
\text{Post-tax price} = \text{Pre-tax price} \times (1 + \text{VAT rate})
\]

Substitute the given values:

\[
\text{Post-tax price} = 10 \times (1 + 0.24) = 10 \times 1.24 = 12.40€
\]

The post-tax market price is **12.40€**.

Would you like further details or have any questions? Here are five related questions to expand your understanding:

1. How is VAT different from other types of taxes?
2. What is the formula to calculate the pre-tax price if the post-tax price is known?
3. How does a change in VAT rate affect consumer pricing?
4. What are the economic implications of increasing VAT rates?
5. How is VAT applied in different countries?

**Tip:** Always check whether VAT is included or excluded in a listed price when shopping or selling, as it can affect your cost or revenue planning.

The pre-tax price of the product is 10€. Value added tax rate is 24%. Calculate the post-tax market price.

Learn how to calculate the post-tax price of a product with a pre-tax price of 10€ and a VAT rate of 24%. This problem covers basic arithmetic and percentage concepts, offering a simple formula to find the total price including tax. Suitable for Grades 6-8.

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