HIRE PURCHASE KCPE
1. The hire purchase of sewing machine is made up of a deposit of sh 4000 and 18 equal monthly instalments of sh 1200 each. Wanja
was allowed a 20% discount on the hire purchase price for buying the sewing machine on cash.
How much money did she pay?
A. Sh 5120
B. Sh 20480
C. Sh 21600
D. Sh 25600 [K.C.P.E 2019 QS 40]
2. The cash price of a T.V set was sh 22000. Maria bought the T.V set on hire purchase terms. She was allowed to pay a deposit equal to
40% of the cash price and eight equal monthly instalments of sh 2800. How much money did she pay than the cash price?
A. Sh 8800
B. Sh 9200
C. Sh 22400
D. Sh 31200 [KCPE 2017 QS 33]
3. The marked price of a TV set is sh 20000. A 20% discount is allowed when buying the TV set on cash. On hire purchase terms only 12
monthly instalments of sh 2000 each is paid. How much more does it cost to buy the TV set on hire purchase terms than cash?
A. Sh 24000
B. Sh 16000
C. Sh 8000
D. Sh 4000[KCPE 2015 QS 16]
4. The cash price of a cupboard is sh 3000. An interest of 25% is charged if the cupboard is bought on hire purchase terms. Amina bought
the cupboard on hire purchase terms. She paid a deposit and 12 equal monthly instalments. Each monthly instalment was sh 262.50.
How much deposit did she pay?
A. Sh 3760
B. Sh 750
C. Sh 600
D. Sh 150[KCPE 2013 QS 35]
5. The cash price of a radio is sh 8000. The hire purchase is 50% more than the cash price. Amina bought the radio on hire purchase by
paying a deposit of sh 2400 and equal monthly instalments of sh 800. In how many months did she pay the instalments?
A. 18
B. 15
C. 12
D. 10[KCPE 2012 QS 45]
6. The marked price of a motor cycle was sh 30000 but a discount of 5% was allowed for cash payment. Taabu bought the motor cycle
on hire purchase terms by paying a deposit of sh 8500 followed by 10 equal monthly instalments of sh 2400 each. How much money
would Taabu have saved had she bought if for cash?
A Sh 4000
B Sh 2400
C. Sh 1500
D. Sh 28500[KCPE 2011 QS 45]
7. The cash price of a radio was sh 4500. The hire purchase price of the radio 60% more than the cash price. Muya bought the radio on
hire purchase terms. He paid a deposit and 12 monthly instalment of sh 540 each. How much did he pay a deposit.
A. Sh 720
B. Sh 6480
C. Sh 6660
D. Sh 7200[KCPE 2010 QS31]
8. Mary bought a TV set on hire purchase terms. She paid a deposit of sh 800 and 15 monthly instalments of sh 700 each. The hire
purchase price was 25% more than the cash price. Amina bought the same type of TV set on cash. How much more than a mina did
Mary pay for the same TV set?
A. SH 2260
B. SH 2825
C SH 9040
D SH 11300[KCPE 2009 QS42]
9. The hire purchase price of a cupboard was 25% more than the marked price. Karani bought the cupboard on hire purchase terms. He
paid a deposit of sh 2000 and 8 equal monthly instalments of sh 650. What was the marked price of the cupboard?
A. SH 4160
B. SH 5400
C. SH 5760
D. SH 9000[KCPE 2007 QS 32]
10. The hire purchase price for a wall cabinet is 25% more than the cash price. Kalulu bought the cabinet on hire purchase price by
paying a deposit of sh 13200 and the remaining amount in 12 equal monthly instalments.
If the cash price was sh 24000, how much was each monthly instalment?
A. SH 400
B. SH 900
C. SH 1400
D. SH 2500[KCPE 2006 QS 45]
11. The cash price of a tractor is 1.8 million shillings. Rotich bough it on hire purchase terms. The total amount he paid was 30% more
than the cash price. He paid a deposit of sh 660000 and the remainder in 24 equal monthly instalments. How much was each
instalment?
A. SH 70000
B. SH 97500
C. SH 47500
D. SH 25000[KCPE 2005 QS 44]
12. The hire purchase of a tv set is 40% more than the cash price. The cash price is sh 20000. Ochieng paid sh 2100 as monthly
instalments for 10 months.
How much had he paid as deposit?
A. SH 8000
B. SH 13000
C. SH 1000
D. SH 7000[KCPE 2004 QS 36]
13. The hire purchase of a cupboard is deposit of sh 4400 and six monthly instalments of sh 900 each. The hire purchase price is 175% of
the cost price while the cash price is 25% more than the cost price.
What is the cost price of the cupboard?
A. SH 9800
B. SH 5600
C. SH 7840
D. SH 7000[KCPE 2003 QS 49]
