2023 ACSBR EM S1 EOY P2 Q7

2023 ACSBR EM S1 EOY P2 Q7

6 marks
  1. The cash price of a bed is \(\$888\). Joey buys this on an instalment plan. She pays a deposit of one sixth of the cash price. She then pays \({13}\) monthly payments of \(\$60\). Calculate the total amount Joey pays for the bed.[2]
  2. Ben pays a monthly rent of \(\$3440\). This is \(7.5\%\) more than his monthly rent last year.
    Calculate his monthly rent last year.[2]
  3. The exchange rate between Singapore dollars (\(\$\)) and euros (€) is \(\$1=\)€\(0.675\). John spends €\({350}\) in Paris to buy a bag. Calculate the cost of the bag, in Singapore dollars, correct to the nearest cent.[2]

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Answer:(a) \(\$928\) (b) \(\$3200\) (c) \(\$518.52\)

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