Foundation November 2023 Paper 2 Q17

OCRFoundationCurrent spec4 marksPercentages

17 A motorist wants to buy a new car but does not have enough money.

The price of the car is £16 000.

The motorist sees this notice for a deal on the car they want to buy.
The number of equal monthly payments is hidden.

Notice: Pay 15% of the price of the car now and then equal monthly payments of £300

Work out the number of monthly payments if the total cost of the car to the motorist is £17 400.
You must show your working. [4]