Question

The retail price of a television set is $2 500. If the buyer pay cash, the price is 10% below the retail price. If the set is bought on hire purchase, the buyer pays a downpayment of $500 and 18 monthly instalments of $150.

a. Determine the difference between the hire purchase price and the cash price.
b. Calculate the difference as a percentage of the retail price.

Answer 1

Answer:

b

Step-by-step explanation:

I think it's right answer

Answer 2

100-10 × 2500

=90/100 ×2500

=2250