Answer:
114 monthly payment
Step-by-step explanation:
1200 + 20%= 1440 (20% of 1200 equals 240)
the VAT has to be added to the purchase price.
1440 is the total price he had to pay for the tv.
he pays 300 down. 1440-300 = 1140
1140 is the remaining balance he had to pay over the next 10 month.
1140 ÷ 10 = 114
divide 1140 by 10 payments and you receive you monthly payment amount. 114
