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The marked price of a T.V set is sh. 20,000. A 20% discount is allowed when buying the TV on cash.

The marked price of a T.V set is sh. 20,000. A 20% discount is allowed when buying the TV on cash. On hire purchase terms, only 12 monthly installments of sh. 2,000 each is paid. How much more does it cost to buy the TV set on hire purchase terms than cash?

A. sh. 24,000
B. sh. 16,000
C. sh. 8,000
D. sh. 4,000

Answers

The correct answer is [C]

Wilfykil answered the question on July 30, 2019 at 08:25

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