Multiple Choice
Interest is calculated on____________ under hire purchase agreement.
A) Cash Price
B) Hire purchase price
C) Balance of cash price outstanding at the beginning of instalment
D) None of these
Correct Answer:
Verified
Correct Answer:
Verified
Q10: Cash price of asset + Interest =_price<br>A)Contract<br>B)Market<br>C)After
Q11: At the end of the year, the
Q12: Which of the following is not included
Q13: While selling securities, brokerage is generally calculated
Q14: The main difference between sale under Hire
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
Q18: Capital value in case of cum-interest purchase
Q19: In case of Hire purchases, the depreciation
Q20: The interest on fixed dates are received