Question

A televison set can be bought for $860 cash or on hire purchase with $100 down payment and 12 monthly installments of $70 each. The amount that may be saved by buying the television for cash is

A) $80
B) $100
C) $940
D) $960​

Answer 1

A $80
The installments payments would be 940 in the end so you’d be paying 80 more dollars