quiz

[bibster]

If you buy an item which has been reduced by 15%.putting down a third as a deposit and paying the rest in six monthly instalment's of �94.35 .How much was the original price. Thanks for any help as this is driving me mad as i was never any good at maths.

[Top Cat2]

�999

[Tinker,Wales]

I can confirm the answer as �999.
6 instalments of �94.35 = �566.10
If a third has been paid as deposit, (then this is 2/3 of original price, so multiply by 3/2) the original figure due was �566.10 * 3/2 =849.15
This is the figure after a 15% discount, so to take it back to 100% of the original price multiply by 100/85 (85% is the result of a 15% reduction)
�849.15*100/85= �999