Accountancy, asked by noorayeshashaikh, 7 months ago

9.
Mr. Kiran delivers a machinery on the Hire purchase system (H.P.P.) for
Rs. 2,730 to be paid as follows:
On delivery Rs. 800 is being paid; subsequently 1"' year - Rs.760. 2nd year -
Rs.600, 3rd year - Rs.350, 4th year - Rs.220 : Interest is charged @ 10% p.a.
But to write a ledger for the above problem, Mr. Kiran wanted the Cash Price of
the asset. So, ascertain the Cash Price?
(1) Rs. 2,400
(2) Rs. 2,730
(3) Rs. 2,800
(4) Rs. 2,830​

Answers

Answered by kenwinkenu4757
0

Answer:

2730. make me brainlest and follow me

Explanation:

10%-730+800

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