Ask Question
22 February, 07:03

Peter buys a camper van costing £35000 + 20% VAT. He pays a 50% deposit and then arranges to pay the remaining balance in 20 equal pay monthly instalments. Calculate the amount paid each month by Peter.

+4
Answers (1)
  1. 22 February, 10:00
    0
    The amount paid each month is 1050.

    35,000 plus 20% is 42,000 because 20% of 35,000 is 7,000.

    Next, divide 42,000 by 20, and you would get 1050.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Peter buys a camper van costing £35000 + 20% VAT. He pays a 50% deposit and then arranges to pay the remaining balance in 20 equal pay ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers