Answer: you will owe $21250 after the down payment.
Step-by-step explanation:
The shops inventory will cost 25,000. The supplier requires a down payment of 15% of the total cost at the time of purchase. This means that the amount paid as down payment for the purchase would be
15/100 × 25000 = 0.15 × 25000 = $3750
Therefore, the balance that you will owe after making the down payment would be
