Question

DUGON has 10% to buy equity Costing K96000. She can apply 9 Car S for a a loan from King bank to buy the car from Ela Motors. On a repayment of Loan, She pays 10% GST on the loan to the king bank calculate the amount of equity dugon has​

Answer 1

Answer:To calculate the amount of equity Dugon has, we need to consider the loan amount and the loan repayment with GST.

Loan amount:

Dugon is applying for a loan from King Bank to buy a car from Ela Motors. The loan amount is not mentioned in the given information, so we cannot determine the exact loan amount.

Loan repayment with GST:

After receiving the loan from King Bank, Dugon needs to repay the loan amount along with 10% GST. Since the loan amount is unknown, we cannot calculate the exact repayment amount.

Given the information provided, we cannot determine the specific amount of equity Dugon has. We need additional details such as the loan amount or any other relevant information to calculate the equity accurately.

Step-by-step explanation: