Hire Purchase

Discount and Hire Purchase Challenge 1 Discount and Hire Purchase Challenge 2
A gym in the nearest town has just opened. They are Amir bought a new car on a hire purchase agreement. It
offering 25% off memberships for new customers. The full had a cash price of £20,395. He agreed to pay a £2000
price membership is £32 per month. deposit and 12 monthly payments of £1535.
What is the discounted price for a year’s membership? How much did the car cost on hire purchase?
Why might a new business have an offer like this? How much more was this than the cash price?
twinkl.com twinkl.com
Kaylee went shopping in the January sales. She bought a
£42 top with £18 discount and a pair of £62 shoes with Magda bought a new sofa for her flat. It was £355 cash
£35 discount. price. She took a hire purchase agreement with a 10%
deposit and 12 monthly payments of £27.
How much would she have spent without any discounts?
How much was her deposit?
How much did she spend?
How much did the sofa cost on hire purchase?
How much money did she save?
How much more was this than the cash price?
Why are there January sales?
Discount and Hire Purchase Challenge 5
Discount and Hire Purchase Challenge 6
After Halloween, the local supermarket was selling bags of Selma and Ethan were expecting their first baby and
sweeties worth £2.50 with a 75p discount. needed to buy furniture for the nursery. It was priced as
£538. They bought it on a hire purchase agreement. They
How much were the bags of sweeties? paid a £100 deposit and 12 monthly payments of £38.
Why might this specific discount be on? How much did the furniture cost on hire purchase?
Isaac works with a computer software company. As an Nuwa bought a new laptop on hire purchase. In the store,
employee, he is allowed a 10% discount on their products. the cash price was £479.99. With her agreement, she paid
He wants to buy the new programme which is worth £84. a £80 deposit and 12 monthly payments of £35.
How much will Isaac have to pay? How much did the laptop cost on hire purchase?
Discount and Hire Purchase Challenge 1 - Answers Discount and Hire Purchase Challenge 2 - Answers
A gym in the nearest town has just opened. They are Amir bought a new car on a hire purchase agreement. It
offering 25% off memberships for new customers. The full had a cash price of £20,395. He agreed to pay a £2000
price membership is £32 per month. deposit and 12 monthly payments of £1535.
What is the discounted price for a year’s membership? How much did the car cost on hire purchase?
£288 £20,420
Why might a new business have an offer like this? How much more was this than the cash price?
To encourage new customers to try their services £25
Discount and Hire Purchase Challenge 3 - Answers Discount and Hire Purchase Challenge 4 - Answers
Kaylee went shopping in the January sales. She bought a £42 top Magda bought a new sofa for her flat. It was £355 cash
with £18 discount and a pair of £62 shoes with £35 discount. price. She took a hire purchase agreement with a 10%
How much would she have spent without any discounts? deposit and 12 monthly payments of £27.
£104
How much did she spend? How much was her deposit?
£51 £35.50
How much money did she save? How much did the sofa cost on hire purchase?
£53 £359.50
Why are there January sales? How much more was this than the cash price?
To encourage people to buy things (people usually have less money £4.50
after Christmas) or to get rid of stock.
Discount and Hire Purchase Challenge 5 - Answers
After Halloween, the local supermarket was selling bags of Selma and Ethan were expecting their first baby and
sweeties worth £2.50 with a 75p discount. needed to buy furniture for the nursery. It was priced as
£538. They bought it on a hire purchase agreement. They
How much were the bags of sweeties? paid a £100 deposit and 12 monthly payments of £38.
£1.75
Why might this specific discount be on? How much did the furniture cost on hire purchase?
The store may be getting rid of Halloween stock £556
£18

Isaac works with a computer software company. As an Nuwa bought a new laptop on hire purchase. In the store,
employee, he is allowed a 10% discount on their products. the cash price was £479.99. With her agreement, she paid
He wants to buy the new programme which is worth £84. a £80 deposit and 12 monthly payments of £35.
How much will Isaac have to pay? How much did the laptop cost on hire purchase?
£75.60 £500
£20.01

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Discount and Hire Purchase Challenge 1 Discount and Hire Purchase Challenge 2

How much more was this than the cash price?

How much more was this than the cash price?

Discount and Hire Purchase Challenge 8 - Answers

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