The cash price of a table is k200. To buy it on hire- purchase a deposit of k50 is payable plus ten equal installment of k21. work out the amount paid for the table when it is bought on hire- purchase.
To solve this problem, we need to calculate the total amount paid for the table when it is bought on hire-purchase.
Given information: - Cash price of the table: k200 - Deposit: k50 - Ten equal installments: k21 each
Step 1: Calculate the total amount of the installments. Total installments = 10 × k21 = k210
Step 2: Calculate the total amount paid for the table on hire-purchase. Total amount paid = Deposit + Total installments Total amount paid = k50 + k210 = k260
Therefore, the amount paid for the table when it is bought on hire-purchase is k260.
