The video tutorial explains how to calculate the total cost of a van including VAT, determine the monthly payments, and find the deposit amount. It then guides on simplifying the ratio of the deposit to the total payments using a calculator. The tutorial also discusses the allocation of marks for each step in the problem-solving process.

What is the initial cost of the van before adding VAT?

• £8500

• £10200

• £1700

• £6375

How is the 20% VAT calculated using the 10% method?

• By multiplying the cost by 0.2

• By dividing the cost by 5

• By adding £850 twice

• By subtracting £850 from the total

What is the total cost of the van including VAT?

• £6375

• £1700

• £10200

• £8500

How much does Raya pay in total through monthly payments?

• £3825

• £8500

• £10200

• £6375

What is the amount of the deposit Raya pays?

• £3825

• £6375

• £10200

• £8500

What is the simplified ratio of the deposit to the total payments?

• 3:2

• 3:5

• 5:3

• 2:3

Which tool is suggested for simplifying the ratio quickly?

• Long division

• Fraction key on a calculator

• Multiplication table

• Percentage calculator