Answer:
sh. 24,000
Explanation:
Given that the hire purchase price for a flat screen TV is 25% more than the cash price. If kamuyu bought the TV on hire purchase terms by paying a deposit of sh.14,000 and the remaining amount in 8 equal installment of sh.2,000 then the total amount paid by Kamuyu on hire purchase
= 14000 + 8(2000)
= 14000 + 16000
= sh. 30,000
Recall that the hire purchase price is 25% more than the cash price. Let the cash price be C then,
1.25C = 30,000
Divide both sides by 1.25
C = 30000/1.25
= sh. 24,000
The cash price for the TV is sh. 24,000