A. Solve each real-life problems involving fractions, decimals, and percents.

3. Iska paid 20% down payment for a 42-inch television in SM Bicutan. What fractional part of the price was paid if the television costs P38,000? And if she decided to pay her balance in 24 months through Home Credit that promotes 0% interest, how much is her monthly for 24 months to settle the rest of her balance? Round the payment to the nearest centavo (2 decimal places).

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Privyelzviz Privyelzviz · Answer 1

Given:

Television Cost - P38,000

Down payment - 20%(P38,000) = P7,600

fractional part = 20/100 = ⅕ of the price was paid

Balance = Television Cost - Down payment = P38,000 - P7,600 = P30,400

Monthly payment = Balance payment/settlement time = P30,400/24 months = P1,266.67 per month

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