Q2579
The cash price of a machine is Rs. 1,20,000 and its hire purchase price is Rs. 1,50,000 to be paid in five equal yearly instalments. If a company purchases the machine on hire purchase basis, the amount of capital expenditure will be:
A.
Rs. 1,20,000
AnswerB.
Rs. 1,35,000
C.
Rs. 1,50,000
D.
Rs. 1,60,000
Answer: Option A
Solution
Answer: Option A
No explanation is given for this question Let's Discuss on Board