Revision exercise 2 on commercial arithmetic II
Answer Text: Revision exercise 2 on commercial arithmetic II:1. If a cupboard is to be bought on hire purchase, the buyer pays a deposit equal to 10% of the cash price plus 12 equal monthly installments. John bought the cupboard by hire purchase and ended up paying a total of sh.3, 240 which was 20% above the cost price. Determine the monthly installments. 2. The table below shows income tax rates in a certain year. .....
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