Mr Ode has a car valued at 1000 naira. What would the insurance for the car cost if the charge is 5 naira for each 50 naira or part of 50 naira of the value of the car?
To calculate the insurance cost, we need to determine how many times 50 naira goes into the value of the car (1000 naira).
1000 naira / 50 naira = 20
Since the charge is 5 naira for each 50 naira or part of 50 naira, we need to calculate 5 naira multiplied by the number of times 50 naira goes into the value of the car.
5 naira * 20 = 100 naira
Therefore, the insurance for the car would cost 100 naira.
To calculate the insurance cost for Mr Ode's car, we need to determine how many 50 naira increments there are in the car's value, and then multiply that by the charge per increment.
Step 1: Determine the number of 50 naira increments.
The car's value is 1000 naira. Divide this value by 50 to determine how many 50 naira increments are in the car's value.
1000 / 50 = 20
Step 2: Calculate the insurance cost.
Multiply the number of 50 naira increments by the charge per increment.
20 * 5 = 100
Therefore, the insurance cost for Mr Ode's car would be 100 naira.
To calculate the insurance cost for Mr Ode's car, we need to determine the number of 50 naira increments in the value of his car and then multiply that by 5 naira.
First, we divide the value of the car by 50 naira to find the number of 50 naira increments:
1000 naira / 50 naira = 20 increments
Since there are 20 increments, we can now multiply that by 5 naira to calculate the insurance cost:
20 increments * 5 naira/increment = 100 naira
Therefore, the insurance cost for Mr Ode's car would be 100 naira.