Find 12 ÷ 3/5. Show or explain your reasoning.
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Question The price of a sofa is Sx. A man buys the sofa on hire purchase according to the following terms:
a downpayment of 25 % and the remaining to be paid in monthly instalments over 30 months at a
simple interest rate of 12 % per annum. Given that his monthly instalment is $52, find the value of x.
