28-07-2022
Mathematics

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14. The price of a sofa is Sx. A man buys the sofa on hire purchase according to the following terms:
a downpayment of 25 % and the remaining to be paid in monthly instalments over 30 months at a
simple interest rate of 12 % per annum. Given that his monthly instalment is $52, find the value of x.

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28-07-2022

Question The price of a sofa is Sx. A man buys the sofa on hire purchase according to the following terms:

a downpayment of 25 % and the remaining to be paid in monthly instalments over 30 months at a

simple interest rate of 12 % per annum. Given that his monthly instalment is $52, find the value of x.

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