How to work out minimum repayment?

SCO

Might sound like a stupid question but how do you work out how much a minimum repayment will be.

Example info:

minimum 2.5%
balance £1200
APR 0%

Thanks

mredmred

its quite simple you multiply the outstanding balance by the minimum payment percentage as a decimal.

In this case its £1200 * 0.025 so the minimum payment is £30

anotherpaul_2

As mredmred said, but be aware that some CC companies round up to the nearest £. (which may be a problem when the balance is £1170.)