Question

Tom is applying for a visa.

He has to pay £2,300 for the visa as well as a 7% charge on the visa price for an on-the-day service.
If Tom has 1 year to save, how much money should he save per month to be able to cover his costs?
Round your answer to the nearest £10

Answer 1

£210

Explanation:

Given that :

Visa cost = £2300

7% charge of visa price = (0.07 * £2300) = £161

Total cost = £(161 + 2300) = £2461

Amount to be saved per month = £2461 / 12 = £205.08333

= £210 (nearest £10)