Refer to the information below to answer Questions 7 and 8. The cash price of a table is K200. To buy it on hire-purchase, a deposit of K50 is payable plus ten equal instalments of K21.

Question

Asked on June 6, 2026Mathematics

This mathematics problem involves applying core mathematical principles and formulas. Below you will find a complete step-by-step solution with detailed explanations for each step, helping you understand not just the answer but the method behind it.

Accepted Answer · 2026-06-06T06:27:12.405Z

Here are the solutions to the questions: Question 7: Step 1: Calculate the total amount paid in installments. Total installments = Number of installments × Installment amount Total installments = 10 × K21 = K210 Step 2: Calculate the total hire-purchase price. Hire-purchase price = Deposit + Total installments Hire-purchase price = K50 + K210 = K260 The amount paid for the table on hire-purchase is K260. K260 Question 8: Step 1: Identify the cash price and the hire-purchase price. The cash price is K200. The hire-purchase price from Question 7 is K260. Step 2: Calculate the difference between the hire-purchase price and the cash price. Difference = Hire-purchase price - Cash price Difference = K260 - K200 = K60 The difference between the cash and hire-purchase prices is K60. K60 Question 9: Step 1: Calculate the total amount paid in fortnightly installments for a year. There are 52 ÷ 2 = 26 fortnights in a year. Total installments = Number of fortnights × Fortnightly amount Total installments = 26 × K55 = K1430 Step 2: Calculate the total hire-purchase price. Hire-purchase price = Deposit + Total installments Hire-purchase price = K300 + K1430 = K1730 Step 3: Calculate the difference between the cash price and the hire-purchase price. Difference = Hire-purchase price - Cash price Difference = K1730 - K1600 = K130 The difference between the cash price and the hire-purchase price is K130. K130 Question 10: Step 1: Calculate the total amount paid in monthly installments for 2 years. There are 2 × 12 = 24 months in 2 years. Total installments = Number of months × Monthly amount Total installments = 24 × K103.50 = K2484 Step 2: Calculate the total hire-purchase price. Hire-purchase price = Deposit + Total installments Hire-purchase price = K200 + K2484 = K2684 Step 3: Calculate the interest charged on hire purchase. Interest charged = Hire-purchase price - Cash price Interest charged = K2684 - K2500 = K184 The interest charged on hire purchase is K184. K184 Send me the next one 📸

Accepted Answer · 2026-06-06T06:27:12.405Z

Here are the solutions to the questions: Question 7: Step 1: Calculate the total amount paid in installments. Total installments = Number of installments × Installment amount Total installments = 10 × K21 = K210 Step 2: Calculate the total hire-purchase price. Hire-purchase price = Deposit + Total installments Hire-purchase price = K50 + K210 = K260 The amount paid for the table on hire-purchase is K260. K260 Question 8: Step 1: Identify the cash price and the hire-purchase price. The cash price is K200. The hire-purchase price from Question 7 is K260. Step 2: Calculate the difference between the hire-purchase price and the cash price. Difference = Hire-purchase price - Cash price Difference = K260 - K200 = K60 The difference between the cash and hire-purchase prices is K60. K60 Question 9: Step 1: Calculate the total amount paid in fortnightly installments for a year. There are 52 ÷ 2 = 26 fortnights in a year. Total installments = Number of fortnights × Fortnightly amount Total installments = 26 × K55 = K1430 Step 2: Calculate the total hire-purchase price. Hire-purchase price = Deposit + Total installments Hire-purchase price = K300 + K1430 = K1730 Step 3: Calculate the difference between the cash price and the hire-purchase price. Difference = Hire-purchase price - Cash price Difference = K1730 - K1600 = K130 The difference between the cash price and the hire-purchase price is K130. K130 Question 10: Step 1: Calculate the total amount paid in monthly installments for 2 years. There are 2 × 12 = 24 months in 2 years. Total installments = Number of months × Monthly amount Total installments = 24 × K103.50 = K2484 Step 2: Calculate the total hire-purchase price. Hire-purchase price = Deposit + Total installments Hire-purchase price = K200 + K2484 = K2684 Step 3: Calculate the interest charged on hire purchase. Interest charged = Hire-purchase price - Cash price Interest charged = K2684 - K2500 = K184 The interest charged on hire purchase is K184. K184 Send me the next one 📸

Refer to the information below to answer Questions 7 and 8. The cash price of a table is K200. To buy it on hire-purchase, a deposit of K50 is payable plus ten equal instalments of K21.

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Refer to the information below to answer Questions 7 and 8. The cash price of a table is K200. To buy it on hire-purchase, a deposit of K50 is payable plus ten equal instalments of K21.

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