Question

What are the methods of calculating profit under hire purchase

transactions?​

Answer 1

Answer:

ok

Explanation:

OK this is correct and for the above question hope u got it

Answer 2

Answer:

Hire purchase is an arrangement for buying expensive consumer goods, where the buyer makes an initial down payment and pays the balance plus interest in installments. ... With hire purchase agreements, the ownership of the merchandise is not officially transferred to the buyer until all the payments have been made.

Explanation:

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