40 x $6=$240
<span>6.5 x $9=$58.50 </span>
<span>8 x $ 12=$ 96 </span>
<span>Answer $394.50</span>
Simple interest = Cost Price + (Interest Percentage of Cost Price × number of years or months we are paying off)
a) SI = £20 000 + (5% of £20 000 × 4)
SI = £20 000 + (£1000 × 4)
SI = £20 000 + £4000 = £24 000
b) SI = £20 000 + (5% of £20 000 × 3)
SI = £20 000 + (£1000 × 3)
SI = £20 000 + £3000 = £23 000
£24 000 - £23 000 = £1000 that you saved!
Answer: The first machine would cost $420
and the second machine would cost $432
you should buy the first machine
Step-by-step explanation:If you get a 30% discount, then you are paying 70% of the selling price.
Machine 1: 600(.70) = 420
Machine 2: A 10% discount means you pay 90%
600(.90) = 540 But now you get a 20% discount on that amount, which means you would pay 80%
So, 540(.80) = 432
