Hire purchase price Rs. 1,20,000, Rate of
Interest 5% p.a. No of Instalments 3 and
present value of an annuity of Re. 1 for three
years at 5% is Rs. 2.72325. Cash price will
be :
A)Rs. 3,26,790
(B)Rs. 65,358
(C)Rs. 54,465
(D) Rs. 1,08,930
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Answer:
correct answer is 54,465
Explanation:
I have a correct answer
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