Question
A laptop costs 60,000 if purchasec I in cash . Under a hire purchase agreement, the buyer must pay , a deposit of 20,000 and 12 monthly installments ; of 4,000 each . What is ; the total amount paid under hire purchase? 60,000 68,000 72,000 80,000 1 point
Solution
4.6
(307 Votos)
Maxeline
Veterano · Tutor por 9 anos
Resposta
To find the total amount paid under the hire purchase agreement, we need to add the deposit and the total amount paid in monthly installments.Given information:- The laptop costs
20,000 and 12 monthly installments of
4,000 =
20,000 +
68,000Therefore, the total amount paid under the hire purchase agreement is $68,000.