Paid Rs. 7000 at the time of contract. Four annula instalments were paid respectively Rs. 7800 , Rs. 6200, Rs. 4700, Rs. 3300. Rate of intrest is 10% Find cash price.
A) Rs. 21000
B) Rs. 22000
C) Rs. 14800
D) Rs. 25000
Correct Answer:
Verified
Q8: Generally, depreciation on fixed assets is calculated
Q9: Why opening statement of affairs is prepared?
A)To
Q10: Total amount payable less its cash price
Q11: Dipti has purchased one Machine on hire
Q12: At the end of the year, the
Q14: Interest is calculated on_ under hire purchase agreement.
A)Cash
Q15: In case of Hire purchase, the depreciation
Q16: According to hire purchase agreement Rs. 25000
Q17: Fire insurance Provides cover for -
A)Tangible Assets
B)Intangible
Q18: The Average Clause in a loss of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents