Question

Bhavin buys a car in a sale. Before the sale, the cost of the car was £6720 In the sale, the cost of every car is reduced by 20% bhavin pays adeposit of £1500 He will pay the rest of the cost in 24 equal montly payments work out the amount of each monthly payment

Answer 1

Answer:

The amount paid monthly will be 161.5 pound

Step-by-step explanation:

It is given that the cost of the car is 6720 pound

It is given that cost of every car is reduced by 20 %

So new cost of car = $6720-\frac{6720\times 20}{100}=6720-1344=5376pound$

It is given that he has deposited 1500 pound

So the amount which he has to deposit = 5376 -1500 = 3876 pound

He paid the left amount in 24 equally

So the monthly paid amount = $\frac{3876}{24}=161.5pound$

Answer 2

Answer:

£161.5

Step-by-step explanation:

Given,

The original value of the car = £ 6720,

After reducing the price by 20%,

Then the final value of the car = (100 - 20)% of original value of the car

= 80% of 6720

$=\frac{80\times 6720}{100}$

$=8\times 672$

= £ 5376,

After paying £1500,

Remaining amount to pay = £5376 - £1500 = £3876,

If equal amount is paid each months for 24 months,

Then the amount paid in each month = $\frac{3876}{24}$ = £161.5