McQueen bought a van for his business. He contributed ₱300,000 to buy it and Doc Hudson lent him cash to pay for the remaining amount. How much does he owe Doc Hudson if the van costs ₱800,000?

To find out how much McQueen owes Doc Hudson, we need to subtract McQueen's contribution from the total cost of the van.

Given:
- Total cost of the van = ₱800,000
- McQueen's contribution = ₱300,000

Amount owed to Doc Hudson = Total cost of the van - McQueen's contribution

\[
\text{Amount owed} = ₱800,000 - ₱300,000 = ₱500,000
\]

McQueen owes Doc Hudson ₱500,000.

Would you like more details on the solution or have any questions?

Here are some related questions:
1. What if McQueen contributed ₱400,000 instead?
2. How much would McQueen owe if the van cost ₱1,000,000?
3. If McQueen wants to repay the loan in 10 months, how much should he pay monthly?
4. What if McQueen and Doc Hudson split the payment evenly?
5. How would the owed amount change if McQueen received a 10% discount on the van?

**Tip:** Always double-check your calculations when handling financial transactions to avoid errors.

Find out how much McQueen owes Doc Hudson for a van that costs ₱800,000 after contributing ₱300,000. This problem covers basic arithmetic and subtraction, suitable for students in Grades 4-6.

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