Answer: See explanation
Step-by-step explanation:
a. The deposit
= 15% × $2975
= 15/100 × $2975
= 0.15 × $2975
= $446.25
b. The hire purchase price
Outstanding balance = $2975 - $446.25 = $2528.75
20% of outstanding balance
= 20% × $2528.75
= 0.2 × $2528.75
= $505.75
Hire purchase price
= $2975 + $505.75
= $3480.75
c. The difference the hire purchase price and cash price
= $3480.75 - $2975
= $505.75
d. The difference as a percentage of the cash price.
= ($505.75 / $2975) × 100
= 0.17 × 100
= 17%
If the smaller volume ratio is 4 to 1331, divide 1331 by 4 to get the multiplying factor.
1331/4 = 332.75
Now we multiply 332.75 by 7 to get our larger volume.
332.75 x 7 = 2329.25
2,329 is our larger volume.
I hope this helps!
1. 3+2+1+2+3+1=12
2. 5+6+6+7+6+6=36
3. 2+4+3+3+2+4=18
Then add all those numbers up and divide them by 18.
12+36+18=66/18=3.6 you can round it up to c.4.