Multiple Choice
Which of the following is not included in the hire purchase agreement ?
A) Interest rate
B) Instalment amount
C) Methods for depreciation
D) Number of Instalment
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Under hire-purchase system the amount of interest
Q8: In case of ex-interest transaction, the amount
Q9: By deducting cash price from the contract
Q10: Cash price of asset + Interest =_price<br>A)Contract<br>B)Market<br>C)After
Q11: At the end of the year, the
Q13: While selling securities, brokerage is generally calculated
Q14: The main difference between sale under Hire
Q15: Interest is calculated on_ under hire purchase agreement.<br>A)Cash
Q16: In which of the following method of
Q17: Cost of Investment does not include<br>A)Interset<br>B)Brokerage<br>C)Stamp Duty<br>D)None