Question

A purchased a machinery on hire-purchase system for 20,000. Hire-purchase price is paid as
Interest on Cash price is 10% per annum, which is included in the above instalments. Machinery is depe
On delivery
At the end of first year
At the end of second year
At the end third
at 10% per annum on the original cost. Calculate the cash price and make necessary accounts in th
Hire-Purchaser
An Cach Poi​

Answer 1

Answer:

40,000×20 persentage =60,000,00