1. **Stating the problem:** A boy bought a bed on hire purchase terms. He paid a deposit of 2800 and six equally monthly instalments of 1500 each. We need to find the total hire purchase price of the bed.
2. **Formula used:** The hire purchase price is the sum of the deposit and all the instalments.
3. **Calculation:**
- Deposit = 2800
- Number of instalments = 6
- Each instalment = 1500
4. **Total instalments amount:** $$6 \times 1500 = 9000$$
5. **Total hire purchase price:** $$2800 + 9000 = 11800$$
6. **Explanation:** The total price is the initial deposit plus the total of all monthly payments. Adding these gives the full amount paid for the bed under hire purchase terms.
**Final answer:** The hire purchase price of the bed is 11800.
Hire Purchase Price
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