consumer arithmetic - spending - electronic worksheets - print version

23
Consumer Arithmetic Part 2 Spending Electronic Worksheets Print version Developed by S. Job, mathsclass.net Shared under a Creative Commons Licence Attribution-Noncommercial-Share Alike CC BY-NC-SA This licence lets others distribute, remix and build upon the work, but only if it is for non-commercial purposes, they credit the original creator/s (and any other nominated parties) and they license their derivative works under the same terms. http://creativecommons.org/licenses/by-nc-sa/3.0/au/

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A series of electronic worksheets (in Excel) to cover the ‘spending money’ part of a Consumer Arithmetic topic. Covers: profit and loss, discounts, purchasing, best buys and buying on terms (hire purchase). Worksheets scaffold the working out and are self-marking through-out each problem. Also included is a booklet with print versions of the worksheets and an answer booklet. Ideal for students in a computer lab or with their own laptops - upload to Edmodo or Moodle for students to download. Alternatively, the electronic version on a projector/IWB and the print version with the students.

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Page 1: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Consumer Arithmetic Part 2 Spending

Electronic Worksheets

Print version

Developed by S. Job, mathsclass.net Shared under a Creative Commons Licence Attribution-Noncommercial-Share Alike CC BY-NC-SA This licence lets others distribute, remix and build upon the work, but only if it is for non-commercial purposes, they credit the original creator/s (and any other nominated parties) and they license their derivative works under the same terms. http://creativecommons.org/licenses/by-nc-sa/3.0/au/

Page 2: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Contents

Profit and Loss

Discounts

Purchasing goods

Best Buy

Buying on Terms (Hire Purchase)

Page 3: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Selling  Price

Selling  price  =  Cost  price  +  ProfitSelling  price  =  Cost  price  -­‐  Loss

Calculate  the  selling  price:

Cost  price Amount Identify Selling  price1. $55 $24  Profit

2. $90 $10  Loss

3. $93 $13  Profit

4. $47 $25  Loss

5. $78 $29  Profit

6. $61 $20  Loss

7. $49 $19  Loss

8. $96 $26  Profit

9. $57 $18  Loss

10. $84 $25  Loss

Profit/Loss

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Page 4: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Selling  Price  2

Selling  price  =  Cost  price  +  ProfitSelling  price  =  Cost  price  -­‐  Loss

Complete  the  blanks:

Cost  price Amount Identify Selling  price1. $81 $25  Profit

2. $65 $37

3. $28  Loss $59

4. $53 $21  Loss

5. $62 $15  Profit

6. $11  Profit $92

7. $53 $23

8. $44 $59

9. $21  Profit $69

10. $23  Profit $95

11. $99 $26  Loss

12. $59 $86

13. $30  Profit $118

14. $25  Loss $62

15. $90 $61

16. $89 $13  Profit

17. $99 $75

18. $86 $19  Profit

19. $22  Loss $51

20. $56 $76

Profit/Loss

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Page 5: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Percentage  Profit-­‐Loss

Selling  price  =  Cost  price  +  ProfitSelling  price  =  Cost  price  -­‐  Loss

Find  the  profit/loss  as  a  percentage  of  the  cost  price.

1. Cost  price Selling  price Amount Identify$120 $150

Amount%

Cost  Price

2. Cost  price Selling  price Amount Identify$140 $210

Amount%

Cost  Price

3. Cost  price Selling  price Amount Identify$90 $72

Amount%

Cost  Price

4. Cost  price Selling  price Amount Identify$20 $22

Amount%

Cost  Price

5. Cost  price Selling  price Amount Identify$50 $40

Amount%

Cost  Price

Profit/Loss

Percentage  profit  or  loss  on  cost  price  =×  100%  =

Percentage  profit  or  loss  on  cost  price  =×  100%  =

Percentage  profit  or  loss  on  cost  price  =×  100%  =

Percentage  profit  or  loss  on  cost  price  =×  100%  =

Percentage  profit  or  loss  on  cost  price  =×  100%  =

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Page 6: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Percentages  to  decimals

Convert  the  percentage  to  a  decimal:Percentage = Decimal

1. 5% =

2. 10% =

3. 15% =

4. 20% =

5. 25% =

6. 50% =

7. 65% =

8. 70% =

9. 80% =

10. 95% =

11. 99% =

12. 100% =

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Page 7: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Discounts  1

Calculate  the  sale  price:

1. Marked  price Discount Marked  Price Discount Sale  Price

$720 $100 − =

2. Marked  price Discount Marked  Price Discount Sale  Price

$875 $45 − =

3. Marked  price Discount Marked  Price Discount Sale  Price

$275 $30 − =

4. Marked  price Discount Marked  Price Discount Sale  Price

$295 $35 − =

5. Marked  price Discount Marked  Price Discount Sale  Price

$375 $45 − =

6. Marked  price Discount Marked  Price Discount Sale  Price

$435 $85 − =

7. Marked  price Discount Marked  Price Discount Sale  Price

$670 $100 − =

8. Marked  price Discount Marked  Price Discount Sale  Price

$345 $65 − =

9. Marked  price Discount Marked  Price Discount Sale  Price

$720 $75 − =

10. Marked  price Discount Marked  Price Discount Sale  Price

$325 $50 − =

CC BY-NC-SA mathsclass.net

Page 8: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Discounts  2

Calculate  the  discount:

1. Marked  price Sale  Price Marked  Price Sale  Price Discount

$195 $150 − =

2. Marked  price Sale  Price Marked  Price Sale  Price Discount

$1,000 $830 − =

3. Marked  price Sale  Price Marked  Price Sale  Price Discount

$890 $805 − =

4. Marked  price Sale  Price Marked  Price Sale  Price Discount

$970 $940 − =

5. Marked  price Sale  Price Marked  Price Sale  Price Discount

$845 $805 − =

6. Marked  price Sale  Price Marked  Price Sale  Price Discount

$305 $230 − =

7. Marked  price Sale  Price Marked  Price Sale  Price Discount

$330 $215 − =

8. Marked  price Sale  Price Marked  Price Sale  Price Discount

$145 $70 − =

9. Marked  price Sale  Price Marked  Price Sale  Price Discount

$920 $720 − =

10. Marked  price Sale  Price Marked  Price Sale  Price Discount

$740 $680 − =

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Page 9: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Discounts  3

Find  the  sale  price  for  each  of  these:

1. Marked  price Discount Discount  as  a  decimal Marked  price Amount  of  discount

$435 10% × =Marked  price Amount  of  discount Sale  price

Sale  price = − =

2. Marked  price Discount Discount  as  a  decimal Marked  price Amount  of  discount

$2,550 25% × =Marked  price Amount  of  discount Sale  price

Sale  price = − =

3. Marked  price Discount Discount  as  a  decimal Marked  price Amount  of  discount

$3,440 50% × =Marked  price Amount  of  discount Sale  price

Sale  price = − =

4. Marked  price Discount Discount  as  a  decimal Marked  price Amount  of  discount

$375 10% × =Marked  price Amount  of  discount Sale  price

Sale  price = − =

5. Marked  price Discount Discount  as  a  decimal Marked  price Amount  of  discount

$790 20% × =Marked  price Amount  of  discount Sale  price

Sale  price = − =

6. Marked  price Discount Discount  as  a  decimal Marked  price Amount  of  discount

$2,780 50% × =Marked  price Amount  of  discount Sale  price

Sale  price = − =

7. Marked  price Discount Discount  as  a  decimal Marked  price Amount  of  discount

$1,400 20% × =Marked  price Amount  of  discount Sale  price

Sale  price = − =

8. Marked  price Discount Discount  as  a  decimal Marked  price Amount  of  discount

$530 10% × =Marked  price Amount  of  discount Sale  price

Sale  price = − =

9. Marked  price Discount Discount  as  a  decimal Marked  price Amount  of  discount

$1,845 25% × =Marked  price Amount  of  discount Sale  price

Sale  price = − =

10. Marked  price Discount Discount  as  a  decimal Marked  price Amount  of  discount

$1,400 50% × =Marked  price Amount  of  discount Sale  price

Sale  price = − =

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Page 10: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Discounts  4

Find  the  discount  as  a  percentage:

1. Marked  price Sale  Price$1,220 $976

Marked  Price Sale  price Amount  of  discount

Amount  of  discount  =   − =Amount  of  discount Marked  Price

Discount  as  a  percentage  =   ÷ × 100% = %

2. Marked  price Sale  Price$680 $612

Marked  Price Sale  price Amount  of  discount

Amount  of  discount  =   − =Amount  of  discount Marked  Price

Discount  as  a  percentage  =   ÷ × 100% = %

3. Marked  price Sale  Price$1,760 $1,408

Marked  Price Sale  price Amount  of  discount

Amount  of  discount  =   − =Amount  of  discount Marked  Price

Discount  as  a  percentage  =   ÷ × 100% = %

4. Marked  price Sale  Price$720 $540

Marked  Price Sale  price Amount  of  discount

Amount  of  discount  =   − =Amount  of  discount Marked  Price

Discount  as  a  percentage  =   ÷ × 100% = %

5. Marked  price Sale  Price$3,880 $1,940

Marked  Price Sale  price Amount  of  discount

Amount  of  discount  =   − =Amount  of  discount Marked  Price

Discount  as  a  percentage  =   ÷ × 100% = %

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Page 11: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Discounts  4

Find  the  discount  as  a  percentage:

6. Marked  price Sale  Price$1,800 $1,710

Marked  Price Sale  price Amount  of  discount

Amount  of  discount  =   − =Amount  of  discount Marked  Price

Discount  as  a  percentage  =   ÷ × 100% = %

7. Marked  price Sale  Price$2,760 $2,346

Marked  Price Sale  price Amount  of  discount

Amount  of  discount  =   − =Amount  of  discount Marked  Price

Discount  as  a  percentage  =   ÷ × 100% = %

8. Marked  price Sale  Price$2,625 $1,837.50

Marked  Price Sale  price Amount  of  discount

Amount  of  discount  =   − =Amount  of  discount Marked  Price

Discount  as  a  percentage  =   ÷ × 100% = %

9. Marked  price Sale  Price$1,335 $1,001.25

Marked  Price Sale  price Amount  of  discount

Amount  of  discount  =   − =Amount  of  discount Marked  Price

Discount  as  a  percentage  =   ÷ × 100% = %

10. Marked  price Sale  Price$1,480 $1,184

Marked  Price Sale  price Amount  of  discount

Amount  of  discount  =   − =Amount  of  discount Marked  Price

Discount  as  a  percentage  =   ÷ × 100% = %

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Page 12: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Find  the  total  price  for  each  shopping  list:

1. Item Price QtyCleanser  1L $17.95 1Toothbrush $0.95 1

Sunscreen  110mL $7.95 2Total

2. Item Price QtyConditioner  375mL $2.95 1Vitamin  D  Cap  120 $17.95 1Baby  Formula  900G $14.95 1

Total

3. Item Price QtyDeodorant  50mL $2.95 3

Multi  Vitamin  TAB  60 $12.95 1Baby  Food  Jar  110G $0.95 2

Total

4. Item Price QtyMulti  Vitamin  TAB  60 $12.95 1

Handwash  250mL $1.95 3Baby  Wipes  240 $9.95 3

Total

5. Item Price QtyNappies  Mega  Box  60 $19.95 2

Toothpaste  110G $1.95 1Cleanser  1L $17.95 2

Total

6. Item Price QtyHandwash  250mL $1.95 2

Insect  Repellant  Spray  150G $6.65 2Baby  Formula  900G $14.95 1

Total

Purchasing  1

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Page 13: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Find  the  total  price  for  each  shopping  list:

1. Item Price QtySparkling  Mineral  Water  1.25L $1.50 3

Tuna  95g $1.00 4Coffee  200g $17.45 1

Peanut  Butter  500g $3.35 1Total

2. Item Price QtyTea  English  Breakfast $3.10 1Savoury  Biscuits  190g $2.85 2Chocolate  Block  100g $3.75 2

Desiccated  Coconut  250g $2.00 1Total

3. Item Price QtyJuice  Drinks  8x250mL $3.95 1Salad  Dressing  250mL $3.70 1Peanut  Butter  500g $3.35 4

Tuna  95g $1.00 3Total

4. Item Price QtyCinnamon  28g $2.15 2

Conditioner  750mL $5.45 2Toilet  Tissue  Pk  8 $3.50 4Pasta  Sauce  540g $2.45 1

Total

5. Item Price QtySoft  Drink  Cans  15x375mL $17.10 1

Dog  Food  8kg $14.00 2Conditioner  750mL $5.45 1Cup  Noodles  70g $1.10 5

Total

6. Item Price QtyBatteries  AA  Pk  16 $14.95 1

Savoury  Biscuits  190g $2.85 1Soft  Drink  1.25L $3.20 2

Chocolate  Block  100g $3.75 2Total

Purchasing  2

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Page 14: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Find  the  total  price  for  each  shopping  list:

1. Item PriceCooked  Tiger  Prawns

0.75  kg  @  27.99  per  kgT-­‐Bone  Steak

1.05  kg  @  15.99  per  kgTomatoes

0.4  kg  @  5.44  per  kgTotal

2. Item PriceChicken  Fillets

0.65  kg  @  8.99  per  kgSliced  Ham

0.95  kg  @  19.98  per  kgGrapes

1.2  kg  @  6.94  per  kgTotal

3. Item PriceApricots

1  kg  @  4.4  per  kgSliced  Ham

1.45  kg  @  19.98  per  kgSalami

1.3  kg  @  18.98  per  kgTotal

Purchasing  3

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Page 15: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Find  the  total  price  for  each  shopping  list:

4. Item PricePork  Mid  Loin  Chops

1.35  kg  @  12.99  per  kgSalami

1  kg  @  18.98  per  kgSemi  Dried  Tomatoes

0.55  kg  @  19.99  per  kgTotal

5. Item PriceT-­‐Bone  Steak

1.2  kg  @  15.99  per  kgChicken  Fillets

1  kg  @  8.99  per  kgSalmon  Fillets

0.9  kg  @  26.99  per  kgTotal

6. Item PriceBlade  Steak

1.4  kg  @  10.99  per  kgCooked  Tiger  Prawns

0.4  kg  @  27.99  per  kgT-­‐Bone  Steak

0.9  kg  @  15.99  per  kgTotal

Purchasing  3

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Page 16: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Often  a  single  product  is  sold  in  packages  of  different  sizes.

For  example,  we  could  compare  the  cost  of  100g.(In  Australia,  Supermarkets  are  now  required  to  display  unit  pricing  on  shelf  labels) see  link

For  each  jar  of  coffee,  find  the  cost  for  100g.

Moccona  Freeze  Dried  Classic  Instant  50g$5.82

50g  is  less  than  100g,  so  multiply  by  2Marked  Price

× = per  100gSpecialMoccona  Freeze  Dried  Classic  Instant  100gwas  $10.06,  now  $6.00This  jar  is  already  100g,  but  is  on  sale.

Regular  price = per  100g

On  sale = per  100gMoccona  Freeze  Dried  Classic  Instant  200g

$18.54200g  is  more  than  100g,  so  divide  by  2

Marked  Price

÷ = per  100g

Moccona  Classic  Freeze  Dried  Bonus  Jar  250g$18.54

250g  is  more  than  100g,  so  divide  by  2.5Marked  Price

÷ = per  100g

Moccona  Freeze  Dried  Medium  Roast  400g$24.37

400g  is  more  than  100g,  so  divide  by  4Marked  Price

÷ = per  100g

Which  jar  of  coffee  is  the  best  buy?

Images  and  prices  sourced  from  Woolworths  Online.http://www.woolworthsonline.com.au/

C

D

E

Best  Buys  1

To  find  which  size  is  the  best  buy,  we  have  to  compare  the  prices  for  equal  quantities.

A

B

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Page 17: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Best  Buys  2

Find  the  unit  price  for  each  of  the  following:

Marked  Price Unit  Price1. 16kg  for  $30.40 ÷ = per  1kg

Marked  Price Unit  Price2. 9kg  for  $13.05 ÷ = per  1kg

Marked  Price Unit  Price3. 800g  for  $13.68 ÷ = per  100g

Marked  Price Unit  Price4. 1200g  for  $15.84 ÷ = per  100g

Marked  Price Unit  Price5. 1200mL  for  $21.12 ÷ = per  100mL

Marked  Price Unit  Price6. 1400mL  for  $38.08 ÷ = per  100mL

Marked  Price Unit  Price7. 13  for  $15.60 ÷ = each

Marked  Price Unit  Price8. 16  for  $48.00 ÷ = each

Marked  Price Unit  Price9. 16kg  for  $46.40 ÷ = per  1kg

Marked  Price Unit  Price10. 14kg  for  $23.10 ÷ = per  1kg

Marked  Price Unit  Price11. 1900g  for  $27.36 ÷ = per  100g

Marked  Price Unit  Price12. 600g  for  $3.90 ÷ = per  100g

Marked  Price Unit  Price13. 1200mL  for  $7.08 ÷ = per  100mL

Marked  Price Unit  Price14. 1700mL  for  $18.70 ÷ = per  100mL

Marked  Price Unit  Price15. 11  for  $10.45 ÷ = each

Marked  Price Unit  Price16. 16  for  $31.20 ÷ = each

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Page 18: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Best  Buys  3

Find  the  "best  buy"  in  each  pair:

1. Marked  Price Unit  PriceA 6kg  for  $16.80 ÷ = per  1kg

Marked  Price Unit  PriceB 13kg  for  $38.35 ÷ = per  1kg

A  or  BThe  best  buy  is:

2. Marked  Price Unit  PriceA 16kg  for  $39.20 ÷ = per  1kg

Marked  Price Unit  PriceB 20kg  for  $47.00 ÷ = per  1kg

A  or  BThe  best  buy  is:

3. Marked  Price Unit  PriceA 1300g  for  $20.80 ÷ = per  100g

Marked  Price Unit  PriceB 1600g  for  $18.56 ÷ = per  100g

A  or  BThe  best  buy  is:

4. Marked  Price Unit  PriceA 1000mL  for  $23.00 ÷ = per  100mL

Marked  Price Unit  PriceB 1600mL  for  $43.04 ÷ = per  100mL

A  or  BThe  best  buy  is:

5. Marked  Price Unit  PriceA 16  for  $46.40 ÷ = each

Marked  Price Unit  PriceB 3  for  $8.10 ÷ = each

A  or  BThe  best  buy  is:

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Page 19: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Best  Buys  3b

Find  the  "best  buy"  in  each  pair:

6. Marked  Price Unit  PriceA 4kg  for  $10.80 ÷ = per  1kg

Marked  Price Unit  PriceB 15kg  for  $39.75 ÷ = per  1kg

A  or  BThe  best  buy  is:

7. Marked  Price Unit  PriceA 700g  for  $15.61 ÷ = per  100g

Marked  Price Unit  PriceB 1300g  for  $31.72 ÷ = per  100g

A  or  BThe  best  buy  is:

8. Marked  Price Unit  PriceA 1200mL  for  $12.72 ÷ = per  100mL

Marked  Price Unit  PriceB 1000mL  for  $17.00 ÷ = per  100mL

A  or  BThe  best  buy  is:

9. Marked  Price Unit  PriceA 9  for  $13.95 ÷ = each

Marked  Price Unit  PriceB 9  for  $18.00 ÷ = each

A  or  BThe  best  buy  is:

10. Marked  Price Unit  PriceA 18kg  for  $34.20 ÷ = per  1kg

Marked  Price Unit  PriceB 12kg  for  $18.00 ÷ = per  1kg

A  or  BThe  best  buy  is:

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Page 20: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Buying  on  Terms  1

1. Cash  price or$773.00

Hire  purchase  price Cash  priceInterest  charged  =   −

=  

2. Cash  price or$1,290.40

Hire  purchase  price Cash  priceInterest  charged  =   −

=  

3. Cash  price or$916.00

Hire  purchase  price Cash  priceInterest  charged  =   −

=  

4. Cash  price or$1,953.80

Hire  purchase  price Cash  priceInterest  charged  =   −

=  

5. Cash  price or$431.00

Hire  purchase  price Cash  priceInterest  charged  =   −

=  

Hire  Purchase$895.00

Hire  Purchase

$464.00

$1,394.40

Hire  Purchase$979.00

Hire  Purchase$2,192.80

Hire  Purchase

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Page 21: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Buying  on  Terms  1b

6. Cash  price or$405.80

Hire  purchase  price Cash  priceInterest  charged  =   −

=  

7. Cash  price or$644.80

Hire  purchase  price Cash  priceInterest  charged  =   −

=  

8. Cash  price or$671.20

Hire  purchase  price Cash  priceInterest  charged  =   −

=  

9. Cash  price or$577.00

Hire  purchase  price Cash  priceInterest  charged  =   −

=  

10. Cash  price or$1,833.60

Hire  purchase  price Cash  priceInterest  charged  =   −

=  

Hire  Purchase$463.80

Hire  Purchase$1,938.60

Hire  Purchase$756.80

Hire  Purchase$735.20

Hire  Purchase$675.00

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Page 22: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Buying  on  Terms  2

1. Cash  price or $251.00  Deposit  plus$1,456.00 36  payments  of  $39.00

Deposit Number  of  Payments Amount  of  Payment

Total  hire  purchase  price  =   + ×=  

Hire  purchase  price Cash  Price

Interest  charged  =   −=  

2. Cash  price or $92.00  Deposit  plus$538.00 12  payments  of  $44.50

Deposit Number  of  Payments Amount  of  Payment

Total  hire  purchase  price  =   + ×=  

Hire  purchase  price Cash  Price

Interest  charged  =   −=  

3. Cash  price or $104.00  Deposit  plus$383.60 24  payments  of  $13.90

Deposit Number  of  Payments Amount  of  Payment

Total  hire  purchase  price  =   + ×=  

Hire  purchase  price Cash  Price

Interest  charged  =   −=  

4. Cash  price or $148.00  Deposit  plus$1,492.60 48  payments  of  $29.70

Deposit Number  of  Payments Amount  of  Payment

Total  hire  purchase  price  =   + ×=  

Hire  purchase  price Cash  Price

Interest  charged  =   −=  

5. Cash  price or $124.00  Deposit  plus$1,184.60 36  payments  of  $32.60

Deposit Number  of  Payments Amount  of  Payment

Total  hire  purchase  price  =   + ×=  

Hire  purchase  price Cash  Price

Interest  charged  =   −=  

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Page 23: Consumer Arithmetic - Spending - electronic worksheets - PRINT version

Buying  on  Terms  2b

6. Cash  price or $237.00  Deposit  plus$1,009.20 36  payments  of  $23.20

Deposit Number  of  Payments Amount  of  Payment

Total  hire  purchase  price  =   + ×=  

Hire  purchase  price Cash  Price

Interest  charged  =   −=  

7. Cash  price or $300.00  Deposit  plus$1,276.60 48  payments  of  $22.70

Deposit Number  of  Payments Amount  of  Payment

Total  hire  purchase  price  =   + ×=  

Hire  purchase  price Cash  Price

Interest  charged  =   −=  

8. Cash  price or $251.00  Deposit  plus$925.20 24  payments  of  $34.30

Deposit Number  of  Payments Amount  of  Payment

Total  hire  purchase  price  =   + ×=  

Hire  purchase  price Cash  Price

Interest  charged  =   −=  

9. Cash  price or $467.00  Deposit  plus$1,685.60 36  payments  of  $39.10

Deposit Number  of  Payments Amount  of  Payment

Total  hire  purchase  price  =   + ×=  

Hire  purchase  price Cash  Price

Interest  charged  =   −=  

10. Cash  price or $149.00  Deposit  plus$564.00 12  payments  of  $38.00

Deposit Number  of  Payments Amount  of  Payment

Total  hire  purchase  price  =   + ×=  

Hire  purchase  price Cash  Price

Interest  charged  =   −=  

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