Hire Purchase

Assessment
•
Denise Matthews
•
Mathematics
•
5th - 6th Grade
•
157 plays
•
Medium
Student preview

13 questions
Show all answers
1.
MULTIPLE CHOICE
3 mins • 1 pt
A TV costs $1500. If you purchase it cash you get a 15% discount. How much will you pay after the discount?
2.
MULTIPLE CHOICE
3 mins • 1 pt
Calculate the hire purchase price for the following scenario: $500 down payment and 12 payments of $120.
3.
MULTIPLE CHOICE
3 mins • 1 pt
A _______________ comes with a down payment and monthly installments.
4.
MULTIPLE CHOICE
3 mins • 1 pt
If a hire purchase plan is not done, then the person must buy the item in full ______________.
5.
MULTIPLE CHOICE
3 mins • 1 pt
The formula to find hire purchase price is:
6.
MULTIPLE CHOICE
3 mins • 1 pt
A Television can be bought on hire purchase with a down payment of $800 and 20 monthly installments of $275. What is the hire purchase price?
7.
MULTIPLE CHOICE
30 sec • 1 pt
To buy a new TV on Hire Purchase, Michael must pay a £50 deposit and 10 monthly payments of £15. How much will he pay in total for the TV?
8.
MULTIPLE CHOICE
3 mins • 1 pt
Sarah wants to buy a chair using Hire Purchase. She pays £37 deposit and 5 monthly payments of £20. How much does she pay in total?
9.
MULTIPLE CHOICE
3 mins • 1 pt
A washing machine can be bought on hire purchase terms of a deposit of $768 and 12 monthly payments of $74. What is the total hire purchase price?
10.
MULTIPLE CHOICE
3 mins • 1 pt
The hire purchase cost of a radio is $6355. If the deposit is a $1000 and the balance is to be paid in 9 equal installments, each installment will be
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