Carl wants to buy a television that costs $500, including taxes. to pay for the television , he will use a payment plan that requires him to make a down payment of $125, and then pay $ 72.50 each month for 6 months. what is the percent increase from the original cost of the television to the cost of the television using the payment plan? explain. a) 6% b) 12% c) 58% d) 89%

(B) 12%

Step-by-step explanation:

Original cost of the television = $500

Cost using the payment plan = Down payment + EMI's for 6 months

                                                  = $124 +72.5*6

                                                  = $560

Percentage increase =

                                 =

                                 =  60/5

                                 = 12%

Hence, the percent increase from the original cost of the television to the cost of television using the payment plan = 12% (C)

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step-by-step explanation: