Answer:
Each instalment = £27.45
Explanation:
Given:
- Price of work trolley = £59.90
- Deposit = £5
Remaining balance to be paid = Price of work trolley - deposit
= £59.90 - £5
= £54.90
If the remaining balance is to be paid in 2 instalments:
Cost of each instalment = remaining balance ÷ 2
= £54.90 ÷ 2
= £27.45