installment sales question

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installment sales question

blue sun
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09-29-2010, 01:40 AM

sales july1 Rs120000
cost of installment sale 96000
down payment 30000
and monthly installment 15000 plus 12% per annum.on 1st AUGUST and the first day of next three month.machine was repossessed on dec 20 and market value Rs 21000.

find out repossessed value and tell me the method of interest apply on machine.

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installment sales question - by blue sun - 09-18-2010, 02:37 AM

[No subject] - by Information Consultant - 09-19-2010, 05:23 AM

[No subject] - by blue sun - 09-19-2010, 12:50 PM

[No subject] - by blue sun - 09-29-2010, 01:40 AM

[No subject] - by wmahmooood - 10-27-2010, 12:01 PM

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