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Sarah buys a caravan. the cost of the caravan is £15600 plus vat at 20%. Sarah pays a deposit of £5000 she pays the rest of rest of the cost in 10 equal payments. work out the amount of each of the 10 payments.​

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devishri1977

Answer:

Step-by-step explanation:

VAT = 20% of 15600

[tex]=\frac{20}{100}*15600\\\\=20*156\\[/tex]

= £ 3120

Cost of the caravan including tax =  15600 + 3120 = £ 18720

Rest amount after paying deposit = 18720 - 5000 = £13720

Amount to paid of each of 10 payments = 13720/10  = £ 1372

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