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Harry buys a tv priced at £1200 plus 20% vat He pays £300 and the balance in ten equal monthly payment Calculate each monthly payment
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12 votes
Harry buys a tv priced at £1200 plus 20% vat

He pays £300 and the balance in ten equal monthly payment

Calculate each monthly payment

User Obscure Geek
by
4.9k points

1 Answer

9 votes
Total price : Tv + VAT
= 1200 + (20% x 1200)
= 1200 + 240
= 1440

Balance payment : 1440 - 300 = 1140
Monthly payment (10 months) = 1140/10 = 114
User Nadeem Yasin
by
5.0k points
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