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hie and installment

This query is : Resolved 
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(Querist)
01 August 2010 what is difference between hire purchase and installment purchase
pls explain briefly
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
01 August 2010 Hire purchase price (total cost plus interest) includes hire purchase charges
(interest)

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