Seller charging more than the fixed price when selling an item
Submitted by user2 on Sat, 2024-01-27 07:24
Q: I bought an electronic item from a store and it was discussed that the amount would be 67000 INR even if I pay once or in 3 installments. On the bill it was mentioned that 22333x3 will be deducted from my card every month for 3 months and also it was mentioned as 65300 as principal and 1700 as interest. Is this allowed as the amount was fixed?
Later, I found out in the statement that around 100 rupees was charged extra and total amount which they took was 67100 INR.
A: The amount that both parties agreed on will be regarded as the amount due for purchasing the electronic item. Any amount over and above this that they charged you was interest.
And Allah Ta'ala (الله تعالى) knows best.
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