Question

From the following determine cash price in each case a. Raj purchased a machine on hire purchase system. He pays rs. 10,000 down and rs. 8,000, rs.7,000, and rs. 6,000 at the end of second year, 4th year and 6th year respectively. Interest is charged by the hire vendor @10% per annum at two yearly rest on the unpaid balance.​

Answer 1

Answer:

31,000 this is the answer