Question

Harry buys a TV priced at 1200 pounds plus a 20% VAT
He pays 300 pounds deposit and the balance in ten equal monthly payments
Calculate each monthly payment

Answer 1

Answer:

T=1200+(1+20/100)=1200+(1.2)=1440

Step-by-step explanation:

Since he paid 300 his balance is now

B=T-300=1440-300=1140

So he's making 10 equal payments

P=B/10=1140/10=114

114 per month for 10 mounths