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19 October, 05:32

Brian pays £465.98 a year on his car insurance. The insurance company reduces the price by 3.6%. How much does the insurance cost now? Give your answer rounded to 2 DP.

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  1. 19 October, 05:42
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    The correct answer is £449.20 rounded upto 2 DP.

    Step-by-step explanation:

    Brian pays £465.98 a year on his car insurance.

    The insurance company reduces the price by 3.6%.

    The amount reduced by the insurance company is 3.6% of 465.98 = £16.77528.

    Price the insurance company charges now is given by subtracting the previous cost with the reduction amount.

    Thus the insurance cost now = £ (465.98 - 16.77528) = £449.20472 ≈ £449.20.

    Thus the reduced insurance cost Brian has to pay now is £449.20 rounded to 2DP.
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