Emma buys a camping van for £23500 plus vat at 20% she pays deposit then pays the rest in of the cost in 18 equal payments of £940 each month find the ratio of the deposit Emma pays to total of the 18 equal payments give your answer in the simplest part

Respuesta :

Answer:

The ratio is 2:3

Step-by-step explanation:

The first thing we need to get here is how much was paid for the Van in total.

That would be;

23,500 + 20% of 23,500

= 23,500 + (20/100 * 23,500)

= 23,500 + (23500/5)

= 23,500 + 4,700 = £28,200

She pays a deposit, which of course wasn’t stated in the question.

But we know she pays the rest in 18 equal payments at £940 each.

The total amount she paid asides the deposit would be :

28,200 -(940 * 18) = 28,200 - 16,920 = £11,280

So what this means is that she paid a deposit of £11,280 and a cumulative installment payment of £16,920

So now, we want to find the ratio of the deposit to the 18 equal parts payment.

Mathematically, that would be;

11,280 : 16,920

= 1128 : 1692

Divide both by 1128

= 1: 1.5

= 1: 3/2

which is same as 2:3

The ratio of the deposit Emma pays to a total of the 18 equal payments is 2/3 and this can be determined by finding the deposit amount and total amount paid for the Van.

Given :

Emma buys a camping van for £23500 plus vat at 20% she pays the deposit then pays the rest of the cost in 18 equal payments of £940 each month.

The total amount paid for the Van is:

[tex]= 23500 + \dfrac{20}{100}\times 23500[/tex]

= 23500 + 4700

= £28200

The total deposit amount is given by:

[tex]= 28200-18(940)[/tex]

= 28200 - 16920

= £11280

So, the ratio of the Emma pays to a total of the 18 equal payments is:

[tex]\dfrac{11280}{16920}=\dfrac{1128}{1692}[/tex]

Further, simplify the above ratio.

[tex]=\dfrac{2}{3}[/tex]

Therefore, the ratio of the deposit Emma pays to a total of the 18 equal payments is 2/3.

For more information, refer to the link given below:

https://brainly.com/question/15385899