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Business, 22.01.2022 21:10 adenmoye0910
'A' purchases two trucks on hire purchase system. He pays Rs. 50,000 down and Rs. 60,000 at end of 2nd year , 4th year and 6th year. Interest is charged by the vendor at 10% with two yearly rests on unpaid balance. Calculate interest paid with each installment.
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'A' purchases two trucks on hire purchase system. He pays Rs. 50,000 down and Rs. 60,000 at end of 2...
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