Section A (Everybody):
1. The deposit on an item is $395. If there are 6 monthly payments of $60, calculate the total Hire Purchase price.
2. Don is buying a van. He must make a deposit of $250 and pay $85 every month for 8 months.
a. Calculate his total monthly installments.
b. Calculate the total HP price.
3. Calculate the total HP price when the deposit is $605 and monthly payments of $95 are made for 8 months.
4.
Deposit - $850
Monthly Payment $432
Time - 10 months
Hire Purchase = _____
(Section B) Jazier & Dominic
1. Mr. Joseph pays a $400 downpayment on a furniture set and is charged $75 for the next 24 months. How much did Mr. Joseph pay for the furniture altogether?
2. A new TV costs $1200 cash. It is available on H.P. by paying a $500 deposit then 6 instalments of $134.50.
3. An item can be bought on Hire Purchase by making a deposit of $78 followed by 9 monthly payments of $35. Calculate the total HP price.
4. A new TV costs $690 cash. It is available on H.P. by paying a deposit of 25% followed by 12 instalments of $55. Calculate the total HP price.
5. The cash price on an item is $700. There is a 20% deposit that must be paid.
a. Calculate the deposit
b. Calculate the money that is still left to be paid.
6. Ron wants to buy a Playstation. It costs $560 cash. He will make a 40% deposit.
a. Calculate his deposit.
b. Calculate the money that is still left to be paid.
7. The cash price of a gamer's chair is $800. You can make a 60% deposit.
a. Calculate his deposit.
b. Calculate the money that is still left to be paid.
8. Marie is buying a computer. It will cost $780 cash. She will make a 40% deposit. Then she will make monthly payments of $40 for a year and a half.
a. What is the deposit?
b. What is the total of the monthly installments?
c. What is the total HP price?
d. What is the difference between the HP price and the cash price?
Section C (Javonte)
1. The cash price of an item is $260. It can be bought by making a 10% deposit followed by 4 monthly payments of $68.
a. Calculate the deposit
b. Calculate the total monthly installments
c. Calculate the total HP price.
2. The cash price of an item is $700. It can be bought by making a 10% deposit followed by 9 monthly payments of $90.
a. Calculate the deposit
b. Calculate the total monthly installments
c. Calculate the total HP price.
3. The cash price of an item is $400. It can be bought by making a 10% deposit followed by 9 monthly payments of $70.
a. Calculate the deposit
b. Calculate the total monthly installments
c. Calculate the total HP price.
4. A refrigerator costs $600 cash. You can make a downpayment of 10% followed by 8 monthly payments of $95.
a. Calculate the deposit
b. Calculate the total monthly installments
c. Calculate the total HP price.
5. A tablet costs $3500 cash. You can make a downpayment of 10% followed by 9 monthly payments of $480.
a. Calculate the deposit
b. Calculate the total monthly installments
c. Calculate the total HP price.
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