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Harry buys a tv priced at £1200 plus 20% vat
He pays £300 and the balance in ten equal monthly payment

Calculate each monthly payment

Respuesta :

Total price : Tv + VAT
= 1200 + (20% x 1200)
= 1200 + 240
= 1440

Balance payment : 1440 - 300 = 1140
Monthly payment (10 months) = 1140/10 = 114