Foundation June 2025 Paper 3 Q18

EdexcelCurrent spec3 marksPercentages

18 Amy buys a car.
The car costs £12 000

Amy pays a deposit of 20% of the cost.
She pays the rest of the cost in 24 equal monthly payments.

Amy says that each monthly payment is less than £450

Is Amy correct?
You must show how you get your answer. (3)