The marked price of a stove was $520. A worker bought the stove on hire-purchase by making a down payment of $100, and twelve monthly payments of $40 each.
How much could she have saved if she had bought the stove for the marked price?
Principles Of Accounts
On January 1, a firm's capital is $4,600. On December 31, of the same year, the following information was provided: Drawings $850, Total Assets $10,000. Loan Outstanding $950 and Creditors $4,000. What was the Net Profit that year?
