Hire Purchase Quiz 1
8th - 9th Grade
•7 Qs
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Hire Purchase Quiz 1
Quiz
•
Mathematics
•
8th - 9th Grade
•
Practice Problem
•
Easy
Vinita Manna
Used 33+ times
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7 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A Laptop can be bought on hire purchase by making a deposit of $1000 and 24 monthly installments of $250 each. What is the down payment?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Laptop can be bought on hire purchase by making a deposit of $1000 and 24 monthly installments of $250 each. How often will payments be made?
Weekly
Monthly
Yearly
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A Laptop can be bought on hire purchase by making a deposit of $1000 and 24 monthly instalments of $250 each. How many installments must be made?
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A Laptop can be bought on hire purchase by making a deposit of $1000 and 24 monthly instalments of $250 each. How much is each installment?
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
A Laptop can be bought on hire purchase by making a deposit of $1000 and 24 monthly instalments of $250 each. What is the total monthly installments (Amount Payable)?
24 x $1000 = $ 24,000
24 x $250 = $ 6000
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
A Laptop can be bought on hire purchase by making a deposit of $1000 and 24 monthly installments of $250 each.
We found that the Total Monthly Installments = $6000.
What is the Hire purchase price of the laptop?
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
If the Laptop is on sale for $ 5000 cash and the Hire purchase price was $7000. How much is saved by buying Cash?
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