Class 8 Math MCQs – Certification Test 153

Hire Purchase Trivia (Question 153) – App & e-Book Download

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MCQ 153: 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:

$1,824
$1,724
$1,624
$1,524

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