A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?
Arif Khan
A. Rs. 12,000 in cash B. Rs. 12,880 at credit C. Both are equally good D. Rs. 18.33
