A bicycle has a cash price of $319.95. It can be bought on hire purchase with a deposit of $69 and ten monthly installments of $28.50 each.​

a. what is the total hire purchase price of the bicycle?

b. Find the difference between the hire purchase price and the cost price of the bicycle.

Respuesta :

Answer:

a. $354

b.$34.05p

Step-by-step explanation:

10 monthly instalments

10x28.5=280

plus the deposit 280+69=354

The difference between 354 and 319.95 is 34.05  

a. The total hire purchase price of the bicycle is $354.

b. The difference between the hire purchase price and the cost price of the bicycle is $34.05.

a. Total hire purchase price:

Total hire purchase price=(10 months×$28.5)+$69

Total hire purchase price=$285+$69

Total hire purchase price=$354

b. Hire purchase price and cost price:

Difference=$354-$319.95

Difference=$34.05  

Inconclusion the total hire purchase price of the bicycle is $354 and the difference between the hire purchase price and the cost price of the bicycle is $34.05.

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