Total amount payable less its cash price is equal to              -

Related MCQs

• Total amount payable less its cash price is equal to -
• Dipti has purchased one Machine on hire purchase agreement. The cash price of machine is Rs. 90000. The amount is to be paid on agreement Rs. 30000 and balance amount is paid by three equal annula instalments of Rs. 30000 each. Find out the intrest of third year.
• According to hire purchase agreement Rs. 25000 is the down payment and Rs. 90000 is the total amount of three equal instalments inclusive of interest Rs. 15000. How much would be the cash price of the asset ?
• By deducting cash price from the contract price of assets, the difference of the amount is called
• Cash price of asset + Interest =            price
• Which account is to be prepared to know Cash Purchase or Cash Sale?
• Paid Rs. 7000 at the time of contract. Four annula instalments were paid respectively Rs. 7800 , Rs. 6200, Rs. 4700, Rs. 3300. Rate of intrest is 10% Find cash price.
• Cum interest price of security is               than ex- interest price.
• In case of ex-interest transaction, the amount of interest is calculated for the following period.
• Under hire-purchase system the amount of interest is charged to                 Account