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Brian pays £465.98 a year on his car insurance. The insurance company reduces the price by 3.6%.How much does the insurance cost now? Give your answer rounded to 2 DP.

User Inxilpro
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1 Answer

2 votes

Answer:

The correct answer is £449.20 rounded upto 2 DP.

Explanation:

Brian pays £465.98 a year on his car insurance.

The insurance company reduces the price by 3.6%.

The amount reduced by the insurance company is 3.6% of 465.98 = £16.77528.

Price the insurance company charges now is given by subtracting the previous cost with the reduction amount.

Thus the insurance cost now = £ (465.98 - 16.77528) = £449.20472 ≈ £449.20.

Thus the reduced insurance cost Brian has to pay now is £449.20 rounded to 2DP.

User DAme
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