Mr. Aranu purchased a machine by hire purchase system for Rs.30000 to

1.	Mr. Aranu purchased a machine by hire purchase system for Rs.30000 to be paid as followsAmount (Rs.)Down paymentAt the end of the first yearAt the end of the second year6.500At the end of the thund year6.00At the end of the fourth yeur5.08000Interest is charged on the value on 10% pa.At whil value should the machine he capitalised
Answer» Explanation: Aranu purchased a machine by HIRE PURCHASE system for Rs.30000 to be paid as follows Amount (Rs.) Down payment At the end of the FIRST year At the end of the second year 6.500 At the end of the thund year 6.00 At the end of the fourth yeur 5.08000 Interest is CHARGED on the value on 10% pa. At whil value should the machine he capitalised

Mr. Aranu purchased a machine by hire purchase system for Rs.30000 to be paid as followsAmount (Rs.)Down paymentAt the end of the first yearAt the end of the second year6.500At the end of the thund year6.00At the end of the fourth yeur5.08000Interest is charged on the value on 10% pa.At whil value should the machine he capitalised

Answer»

Explanation:

Aranu purchased a machine by HIRE PURCHASE system for Rs.30000 to be paid as follows

Amount (Rs.)

Down payment

At the end of the FIRST year

At the end of the second year

6.500

At the end of the thund year

6.00

At the end of the fourth yeur

5.08000

Interest is CHARGED on the value on 10% pa.

At whil value should the machine he capitalised

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