Question
(2) Mr Lim bought a television set for \( \$ 2820 \). He paid \( \$ 420 \) first and the remaining amount in monthly payments of \( \$ 200 \) each. How many months did Mr Lim take to pay the remaining amount?
Ask by Bradley Christensen. in Singapore
Jan 24,2025
Real Tutor Solution
Tutor-Verified Answer
Answer
Mr. Lim took 12 months to pay the remaining amount.
Solution
To determine how many months Mr. Lim took to pay the remaining amount for the television set, let's break down the problem step by step.
1. **Total Cost of the Television:**
\[
\$2,820
\]
2. **Initial Payment:**
\[
\$420
\]
3. **Remaining Amount to be Paid:**
\[
\$2,820 - \$420 = \$2,400
\]
4. **Monthly Payment:**
\[
\$200 \text{ per month}
\]
5. **Number of Months Required:**
\[
\frac{\$2,400}{\$200 \text{ per month}} = 12 \text{ months}
\]
**Answer:**
Mr. Lim took **12 months** to pay the remaining amount.
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Explain 
Simplify this solution Extra Insights
Mr. Lim initially paid \( \$ 420 \), leaving him with a balance of \( \$ 2820 - \$ 420 = \$ 2400 \) to pay off. Since he was making monthly payments of \( \$ 200 \), you can find the number of months by dividing the remaining amount by the monthly payment: \( \$ 2400 \div \$ 200 = 12 \). Therefore, Mr. Lim took 12 months to pay off the remaining amount. In total, Mr. Lim spent a year making those payments while probably enjoying some exciting TV shows! It's always a good practice to budget your purchases; setting up a payment plan can help manage expenses while still enjoying that new gadget!
