Question

Monica booked a trip to Disneyland for herself and her family.The total cost of the trip was 5800 pounds plus VAT at 20%. She paid 1300 pounds of the total cost when she booked her holiday. She paid the rest of the total cost in 6 equal months.Work out the amount of each monthly payment,

Answer 1

@Michele_Laino

Answer 2

we have to compute the total cost, first

Answer 3

total cost is 5800 + VAT, namely:
\[\Large 5800 + \left( {5800 \cdot \frac{{20}}{{100}}} \right) = ...?\]

Answer 4

is VAT taxes ??

Answer 5

yes!

Answer 6

yes

Answer 7

gotcha....I understand now

Answer 8

sorry...continue explaining Michele

Answer 9

1160 @Michele_Laino

Answer 10

if you want please continue @texaschic101 :)

Answer 11

is that correct @Michele_Laino

Answer 12

please proceed @Michele_Laino

Answer 13

yes!, nevertheless you have compute this:
5800+1960=...?

Answer 14

total cost would be 5800 + 20% of 5800
5800 + .2(5800) = total cost

Answer 15

correct! @texaschic101

Answer 16

hmm is the answer to this part 1160?

Answer 17

not quite..
5800 + 1160 = total cost

Answer 18

ok im confused

Answer 19

turn your percent to a decimal
20% = 0.2

5800 + 0.2(5800) = total cost
5800 + 1160 = total cost
6960 = total cost
understand ?

Answer 20

yes thanks next please @texaschic101

Answer 21

so she paid 1300
6960 - 1300 = ?? (you can do the math)

Answer 22

5660

Answer 23

ok....correct....so we have 5660
she then paid 6 equal monthly installments....so we divide by 6
5660/6 = each monthly installment

Answer 24

943.333333

Answer 25

which rounds to what ?

Answer 26

940

Answer 27

or just 943

Answer 28

I would probably round it like this..
943.33333 = 943.33

Answer 29

ok

Answer 30

give medal to Michele....I shouldn't have taken over her job at explaining it to you

Answer 31

ok if you insist but thank you so much @texaschic101

Answer 32

no problem :)