Question

At the Luxury Ornament store, Nancy bought two tops for $299 each and a ring for $140. She paid 1/6 of total cost at the time of purchase and the balance in 12 equal monthly instalments. What was the amount of each month’s payment?​

Answer 1

Answer:

299+140= 339

1/6 ×339 =56.5

339-56.5= 282.5

282.5÷12 = 28.25

per month 28.25 rs

Answer 2

Answer:

Answer is 51.25$

Step-by-step explanation:

Total cost = 2(299$) + 140$ = 738$

Cost that she paid at time of purchase = 738/6 = 123$

Remaining cost = 738 - 123 = 615$

Remaining cost in 12 monthly installments = 615 / 12 = 51.25$