Exercise 2b Question # 03 Oxford New Syllabus Math Updated New Edition| D3 Maths | Chapter 2 |Book 3

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Exercise 2B Question no 3 Oxford New Syllabus Mathematics Book 3 Updated 7th Edition|| D3 Maths || Chapter 2 Financial Transactions || Book 3 New Edition

Instructor: Syed Ali Abbas

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Oxford Mathematics New Syllabus 7th Updated Edition Solutions || Book 3 New Edition

Question # 3.
For each of the following, find
(i) the monthly installment,
(ii) the difference in the hire purchase price and the
cash price as a percentage of the cash price.
Cash Price
PKR 8000
PKR 80 000
PKR 12 000
Hire Purchase terms
PKR 1000 deposit, simple interest
of 8%, 1 year
PKR 32000 deposit, simple interest
of 10%, 2 years
PKR 2000 deposit, simple interest
of 15%, I year
(a)
(b)
(c)

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****Important
The answers to some parts mentioned at the back of the book are wrong. You can further search on your own. What I calculated in the above video is Correct.

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