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Hire Purchase MCQ Questions with Answers PDF Download eBook

Hire purchase Multiple Choice Questions (MCQ) to practice hire purchase quiz answers PDF, 8th grade math worksheets for online degrees. Solve math applications Multiple Choice Questions and Answers (MCQs), Hire Purchase quiz questions PDF for online learning. "Hire Purchase MCQ" PDF book: taxation, percentage calculations, hire purchase test prep for distance learning.

"A refrigerator is priced at $10,000. A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then the amount of deposit made is" Multiple Choice Questions (MCQ) on congruent figures and objects with choices $2,000, $2,150, $1,950, and $1,600 for online learning. Solve math applications quiz questions for online certificate programs for online study.

MCQs on Hire Purchase PDF Download eBook

MCQ: A refrigerator is priced at $10,000. A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then the amount of deposit made is

  1. $2,000
  2. $2,150
  3. $1,950
  4. $1,600

D

MCQ: The television is priced at $10,000. A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then the monthly installment is

  1. $457
  2. $447
  3. $437
  4. $427

D

MCQ: The television is priced at $10,000. A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then the additional amount to pay in 24 monthly installments after deposit is

  1. $10,248
  2. $11,248
  3. $13,248
  4. $14,248

A

MCQ: A refrigerator is priced at $10,000. A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then the interest on remaining amount for 2 years after deposit is

  1. $2,148
  2. $1,848
  3. $1,948
  4. $2,048

B

MCQ: Henry buys a designer furniture set at price of $1200. He pays 25% deposit and interest in 36 months plus outstanding balance. The interest charged on balance is 12%. The total hire purchase price is

  1. $1,824
  2. $1,724
  3. $1,624
  4. $1,524

D