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Carl wants to buy a television that costs $500, including taxes. To pay for the television, he will use a
payment plan that requires him to make a down payment of $125, and then pay $72.50 each month for 6
months. What is the percent increase from the original cost of the television to the cost of the television
using the payment plan?

A) 6%
B) 12%

C) 58%
D) 89%

Respuesta :

sqdancefan

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Answer:

  B)  12%

Step-by-step explanation:

The total cost of Carl's payment plan is ...

  $125 + 6×72.40 = $560

The percentage change from the original price is ...

  %change = ((new price)/(original price) -1) × 100%

  = ($560/$500 -1) × 100% = (1.12 -1)×100%

  = 12%

The increase from the original cost is 12%.

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