SOLUTION: Seboko works as a car service man. He charges R658,00 to service a car. He is planning to move out of his parents' house and rent his first apartment. He will need to pay R1537,50

Question 1182046: Seboko works as a car service man. He charges R658,00 to service a car. He is planning to move out of his parents' house and rent his first apartment. He will need to pay R1537,50 for application fees, R980,00 for security deposit and the first and last months' rent at R4140,00 per month. He has R7200,00 in savings. What is the minimum number of cars that he must service to have enough money to rent the apartment if he can get a 20% discount on the application fees?
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
20% discount on the application fee is 307.50, so the new application fee is 1230.
The two months total 8280 and the security deposit is 980 for a total of 9260
The total amount he needs to pay is the sum or 10490.
Subtract the savings of 7200, and he needs to come up with 3290.
If that is divided by 658/car, he needs to service 5 cars.

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