Question

The marked price on a sewing machine was $1540. A seamstress bought the sewing machine on hire purchase by making a down payment of $300 and paying $114 monthly for one year. Calculate the amount she would have saved if the sewing machine had been bought for cash.
a) $172 b) $128 c) $414 d) $186

Answer 1

Answer:

$128 amount she would have saved if the sewing machine had been bought for cash.