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The marked price of a motor cycle was sh. 30,000 but a discount of 5% was allowed for cash payment.

The marked price of a motor cycle was sh. 30,000 but a discount of 5% was allowed for cash payment. Taabu bought the motorcycle on hire purchase terms by paying a deposit of sh. 8,500 followed by ten equal monthly instalments of sh. 2,400. How much money would Taabu have saved had she bought it for cash?

A. sh. 4 000
B. sh. 2 500
C. sh. 1 500
D. sh. 28 500

Answers

The correct answer is [A]

Marked price = 30,000
- Cash price = marked price-Discount
Discount = 5%

Wilfykil answered the question on August 2, 2019 at 11:31

Answer Attachments

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