Kali Clay

Mathematics

14 July, 11:37

Danny wants to buy a television that costs $500, including taxes. To pay for the television, he will

use a payment plan that requires him to make a down payment of $125, and then pay $72.50 each

month for 6 months. What is the percent increase from the original cost of the television to the cost

of the television using the payment plan?

A. 6%

B. 12%

C. 58%

D. 89%