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Harry buys a TV priced at £1200 plus 20% VAT. He pays £300 deposit and the balance in 10 equal monthly payments. Calculate each monthly payment. Show your working.

Harry buys a TV priced at £1200 plus 20% VAT. He pays £300 deposit and the balance in 10 equal monthly payments. Calculate each monthly payment. Show your working.
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Harry buys a TV priced at £1200 plus 20% VAT.

He pays £300 deposit and the balance in 10 equal monthly payments.
Calculate each monthly payment.
Show your working.

User Rul
by
7.7k points

1 Answer

3 votes
1200 +29%= (1200+240)=1440
1440-300=1140
1140÷10=114
so the answer is £114 per month for 10 months
User Prabal Srivastava
by
8.0k points
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