Question

Dan pays £714.73 a year in his car insurance. The insurance company reduces the price by 4.1%. How much does the insurance cost now? Give your answer to 2 DP.

Answer 1

Answer:

£682.57

Step-by-step explanation:

Dan pays £714.73 a year in his car insurance.

The price was reduced by 4.1%

To find the new cost of the insurance, we simply need to find 4.15% of £714.73 and then subtract that from the initial price of the insurance (£714.73)

4.5% of 714.73 is:

$\frac{4.5}{100} * 714.73$ = £32.16

Then, the cost of the insurance now is:

£714.73 - £32.16 = £682.57

The insurance now costs £682.57