A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?

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Question: A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?

1.Rs. 12,000 in cash

2.Rs. 12,880 at credit

3.Both are equally good

4.[NIL]

Posted by R4R Team
  1. A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?
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