#5 Hire Purchase - Problem 3 - When Rate of Interest is not Given -By Saheb Academy

This is the third problem of Hire Purchase which is based on the third scenario when Rate of Interest is NOT given. Here I have shown how to calculate the rate of interest with the help of Ratio Wise Method. After watching this video you will be able to calculate the interest when rate is not given in the question. Hire Purchase Whole Playlist    • Hire Purchase System - Financial Accounting   This is for the students of B.COM, BBA, IPCC and any other accounting courses which has this chapter in its syllabus. Please Like, Share and Subscribe. #bcom #hirepurchase #financialaccounting