
Elementary Math Fractions, Percentages, Word Problems, Equations, Inequations, Factorization, Expansion 
 LinkBack  Thread Tools  Display Modes 
October 6th, 2015, 12:08 PM  #1 
Newbie Joined: Oct 2015 From: Lancashire Posts: 2 Thanks: 0  Can't get my head around it
Hi all, I hope someone can help My 2 daughters lent £4500 and £3500 The total amount payable is £8327 The 24 monthly payments are £347 What % should each daughter pay? 
October 6th, 2015, 02:08 PM  #2 
Math Team Joined: Jan 2015 From: Alabama Posts: 3,261 Thanks: 895 
I assume you mean your daughters borrowed £4500 and £3500 rather than "lent". That adds to £8000. The first daughter borrowed $\displaystyle \frac{4500}{8000}= \frac{9}{16}$ which is 56.25% and the second $\displaystyle \frac{35000}{8000}= \frac{7}{16}$ which is 43.75%.

October 6th, 2015, 02:17 PM  #3 
Global Moderator Joined: Dec 2006 Posts: 20,095 Thanks: 1905 
If the 24 monthly payments are all exactly £347, the total payable is £8328.

October 6th, 2015, 10:44 PM  #4 
Newbie Joined: Oct 2015 From: Lancashire Posts: 2 Thanks: 0 
Thanks for the replies I was able to sort it out with your help


Tags 
head 
Thread Tools  
Display Modes  

Similar Threads  
Thread  Thread Starter  Forum  Replies  Last Post 
Can't get conflict between theorems right in my head  uint  Linear Algebra  3  April 28th, 2015 01:44 PM 
Head maths  fruitymaths  Elementary Math  10  December 1st, 2014 07:56 PM 
Hello everyone, I am in over my head.  cr12678  New Users  3  December 11th, 2011 12:01 PM 
I'm scratching my head  Larry Rudnicki  Algebra  1  January 15th, 2008 11:54 PM 