CARIBBEAN EXAMINATIONS COUNCIL
Mathematics School Based Assessment
TITLE: Is it better to buy kitchen appliances on hire purchase or cash?
Candidate: Jaunique Knowles
Registration Number:
Centre:
Centre’s Code:
Teacher:
Tale of Contents
Acknowledgements…………………………………………………………………2
Introduction………………………....………………………………………...…….3
Method of Data Collection………………………………………………………….4
Presentation of Data………………………………………………………………...5
Analysis of Data…………………………………………………………………….
Discussion of Findings…………...…………………………………………….……
Conclusion…………………………………………………………………………..
Appendix of Diagrams and Mathematical Knowledge used…………………..……
Acknowledgements
Above all else, I might want to express gratitude toward God for giving me the
information, quality and everything else that I required keeping in mind the end goal to finish
this SBA.
The endeavors made and help given by my instructor and guardians are extraordinarily
refreshing. Their diligent work, assurance and help were viewed as sympathetic acts towards the
fruition of the SBA.
I might want to demonstrate my appreciation towards the majority of the beneficiaries
who participated in and finished time checks. Their commitment is acknowledged and
appreciated.
Introduction
The main reason or point of the SBA is to check whether buying appliances on hire
purchase is better than buying them in cash. Many prefer to buy on hit purchase because no only
do they get a chance to use the item while they pay, and also because paying on hire purchase
eased the price of the item on their budget. However, others may prefer to buy on cash because it
is cheaper and easier.
I chose to investigate this topic because it would be useful in the future. As we grow up,
we will need to purchase various appliances. By researching this, the knowledge of the pros and
cons of buying items on hire purchase and cash will be available for future reference.
Method of Data Collection
Two (2) stores that offer hire purchase plans, will be visited. A common item will be
found within the two stores, once it can be bought on hire purchase. The prices for both the
items, including the hire purchase plan and selling price, will be collected via a sales clerk for
comparison.
Presentation of Data
Washing machine Selling Price Fridge Selling Price
Washing machine #1 $35,000 Fridge #1 $90,000
Washing machine #2 $48,000 Fridge #2 $91,000
Washing machine #3 $50,000 Fridge #3 $108,000
Table 1: Table showing the selling prices for three washing machines and fridges at Lucky
Furniture Store.
Fridge Deposit Weekly Monthly
Fridge #1 $32,000 $5,565 $22,260
Fridge #2 $35,000 $5,950 $23,800
Fridge #3 $39,000 $6,520 $26,080
Table 2: Table showing the hire purchase plan prices for three fridges.
Washing machine Deposit Weekly Monthly
Washing machine #1 $12,000 $2,166 $8,664
Washing machine #2 $17,000 $2,925 $11,701
Washing machine #3 $18,000 $3,022 $12,100
Table 3: Table showing the hire purchase plan prices for three washing machines.
Figure 1: Bar graph showing a comparison between the fridges’ selling prices and the hire
purchase prices.
Figure 2: Bar graph showing a comparison between the washing machines’ selling prices and the
hire purchase prices.
Analysis of Data
Discussion of Findings
Conclusion
Appendix of Diagrams and Mathematical Knowledge used
Consumer Arithmetic
Hire Purchase
Percentage
