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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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