Pregunta
A PlayStation 3 worth R 4500 , is bought from a department store. A deposit of \( 10 \% \) is paid in cash and the remainder of the amount is borrowed on a hire-purchase agreement and is repaid in 4 years. The interest on a loan is charged at \( 18 \% \) p.a. a. Determine the deposit amount.
Ask by Reed Lee. in South Africa
Mar 09,2025
Solución de inteligencia artificial de Upstudy
Respuesta verificada por el tutor
Responder
The deposit amount is R450.
Solución
1. The cost of the PlayStation 3 is \( R4500 \).
2. The deposit paid is \( 10\% \) of \( R4500 \). We calculate:
\[
\text{Deposit} = \frac{10}{100} \times 4500 = 0.1 \times 4500 = R450.
\]
3. Therefore, the deposit amount is \( R450 \).
Respondido por UpStudy AI y revisado por un tutor profesional
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The Deep Dive
To calculate the deposit amount, you need to find 10% of the total cost of the PlayStation 3. The total cost is R 4500. So, the deposit is: Deposit = 10% of R 4500 = 0.10 × R 4500 = R 450. Thus, the deposit amount paid in cash is R 450.

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