Hire Purchase (H.P.) is a popular way of buying expensive goods. Using H.P. you usually pay a deposit first and the remainder by monthly instalments. Goods normally cost more on hire purchase.

Tom wants to buy a TV through H.P. He has been asked to make a deposit of one fifth of the total price of
.
How much will the deposit be?
Deposit =
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Tom needs to make a deposit of ![]()