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Question 7 Not yet answered Marked out of 2.00 P Flag question Al Ahlain Company needs cars for its operations. On January 2019, Al Ahlain makes an "jarah Muntahia Bittamleek" contract with Meethaq Islamic Bank (MIB) for 6 years. MIB purchases 9 cars. Purchase cost of each car is 17400 OMR and maintenance expenses for each car is 400 OMR per year. Al Ahlain will pay 100 OMR per car for each month as rent payment. At the end of contract, MIB agrees to sell each car at 2200 OMR. What is total COST of MIB? Select one: O a. 135000 OMR O b. 84600 OMR O c. 45000 OMR O d. 178200 OMR Question 6 Not yet answered Marked out of 2.00 P Flag question Al Kenz Company needs cars for its operations. On January 2019, Al Kenz makes an "jarah Muntahia Bittamleek" contract with Meethaq Islamic Bank (MIB) for 6 years. MIB purchases 6 cars. Purchase cost of each car is 13700 OMR and maintenance expenses for each car is 500 OMR per year. Al Kenz will pay 300 OMR per car for each month as rent payment. At the end of contract, MIB agrees to sell each car at 1400 OMR. What is total PROFIT/LOSS of MIB? Select one: O a. 37800 OMR Ob. 238200 OMR O c. 100200 OMR Od. 298200 OMR Previous page Next page