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Calculate the cash price of an asset from the following: Rupees 3000 paid at the time of agreement (1) 21,600 paid at the time of

Calculate the cash price of an asset from the following:

Rupees 3000 paid at the time of agreement

(1) 21,600 paid at the time of Ist Year

(2) 20,700 paid at the time of IInd Year

(3) 19,800 paid at the time of IIIrd Year

(4) 18,900 paid at the time of IVth Year

Rate of interest in 5% p.a Rate of depreciation 25% p.a(Straight line method)

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