GCSE Secondary Maths Age 13-17 - Ratio, Proportion & Rates of Change: VAT related Problem - Explained

The video tutorial explains how to calculate the total cost of a caravan including VAT and how to determine the monthly payments after a deposit. It covers the calculation of 20% VAT on the initial cost, subtracting the deposit, and dividing the remaining amount into equal monthly payments. The tutorial also discusses the marks allocation for each step in the problem-solving process.

What is the first step in calculating the VAT for the caravan?

• Find 25% of the base price

• Find 15% of the base price

• Find 10% of the base price

• Find 5% of the base price

After adding VAT, what is the total cost of the caravan?

• £9000

• £7400

• £8400

• £7000

How much does Ria need to pay after the deposit?

• £6400

• £5400

• £2400

• £4400

Into how many equal monthly payments is the remaining amount divided?

• Six

• Five

• Four

• Seven

What is the monthly payment amount Ria needs to make?

• £800

• £850

• £950

• £900