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3 years ago

A shopkeeper buys TVs for Nu 15000 and marks them up 15% to sell them. What is the mark up amount? *

1 answer:

6 0

$\\ \sf \longmapsto \: 15000 \times 15\% \\ \\ \sf \longmapsto \: 15000 \times \frac{15}{100} \\ \\ \sf \longmapsto \: 150 \times 15 \\ \\ \sf \longmapsto \: 2250$

Markup amount is 2250Nu

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A square playground has an area of 175 m2. What is the approximate length of each side of the playground? Round your answer to t

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We know that the area of a square = side ²

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3 years ago

A computer system is priced at $3200. A man buys

max2010maxim [7]

(i) Monthly installment is $21.53 approximately.

(ii) Total amount man has to pay is $3716.8

(iii) Extra money he had to pay for buying the computer on hire is $516.8

Given,

Initial price of the computer(p) = $3200

Down payment = $480

Time period = 2 yrs

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(i) Monthly installment = ?

monthly installment =(capital amount × interest rate)/time in months

down payment to be paid = 3200 ₋ 480

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therefore, monthly payment = 2720 × 9.5 × 1/ 12

= $21.53

(ii) Total amount man has to pay = ?

= down payment ₊ remaining amount ₊ (remaining amount × t × r)

= 480 ₊ 2720 ₊ 2720 × 9.5 × 2

= $3716.8

(iii) If he buys the computer on hire then how much more he has to pay = ?

= total amount ₋ initial cost

= 3716.8 ₋ 3200

= $516.8

Hence the man has to pay $21.23 as a monthly installment, $3716.8 as a total cost of the computer system and $516.8 as an extra amount if he buys it on hire.

Learn more about "Interest rate problems" here-

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2 years ago

Read 2 more answers

What does it mean to amortize a loan?

Oksana_A [137]

Answer:

D. Bring a loan to an end.

Step-by-step explanation:

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3 years ago

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Answer:

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