Class 8 Math MCQs – Certification Test 155

Hire Purchase MCQ (Question 155) – App & e-Book Download

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MCQ 155: 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 amount remaining after deposit is:

$1,000
$1,300
$900
$1,200

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