Hire Purchase

Hire Purchase

Assessment

Assessment

Created by

Denise Matthews

Mathematics

5th - 6th Grade

157 plays

Medium

Student preview

quiz-placeholder

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

Explore all questions with a free account

or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?