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Form 1 Hire Purchase

Authored by Kherion Miranda

Mathematics, Fun, Education

9th - 11th Grade

CCSS covered

Used 316+ times

Form 1 Hire Purchase
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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _______________ comes with a down payment and monthly installments.

Selling price

Hire Purchase plan

Interest

Discount

Tags

CCSS.7.RP.A.3

CCSS.7.RP.A.2

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If a hire purchase plan is not done, then the person must buy the item in full ______________.

Credit

Loan

Discount

Cash

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The formula to find hire purchase price is:

H.P = (cash price + Installments)

H.P = (Discount + cash price)

H.P = (Down-payment + installments)

H.P = (Cash price - Down-payment)

Tags

CCSS.HSA.CED.A.4

CCSS.HSA.SSE.A.1

4.

MULTIPLE CHOICE QUESTION

2 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?

$6300

$5500

$3,450

$6800

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A Television can be bought for $5,300 cash or hire purchase with a down payment of $800 and 20 monthly installments of $275. Give the difference between the H.P price and the cash price.

$6000

$300

$1300

$1000

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

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