Raya buys a van for £8500 plus VAT at 20%. Raya pays a deposit for the van. She then pays the rest of the cost in 12 equal payments of £531.25 each month. Find the ratio of the deposit Raya pays to the total of the 12 equal payments.

First find total cost with VAT. £85001.2 = £10200
To find deposit:£10200 - (12
£531.25) = £ 3825
To find ratio:3825 : (12*531.25)3825 : 63751 : (6375/3825)1 : 1.6.

MP
Answered by Meg P. Maths tutor

4769 Views

See similar Maths GCSE tutors

Related Maths GCSE answers

All answers ▸

Solve this pair of simultaneous equations: 3x + 2y = 4 and 2x + y = 3


Factorize the following expression and solve for x: X^2 +7X +10=0


Factorise x^2 - 7x + 12 = 0


Give the possible values of x when 2x^2-x-6=0


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences