a man wants to sell his scooter there are two offers..., Discount, General Mathematics

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Question:A man wants to sell his scooter. There are two offers one at Rs. $12000$  cash and the other at a credit of Rs.  $12880$  to be paid after  $8$  months  money being at  $18%$  per annum. Which is the better offer ?

A  $Rs. 12000$  in cash 
B  $Rs. 128880$  at credit 
C Both are equally good

/17

+ AnswerA

+ Explanation $p.w. of Rs. 12880$ due  $8$  months hence

 $= Rs. [(12880 xx 100)/(100 + (18 xx 8/12)]$ 

 $= Rs. ((12880 xx 100)/(112))$ 

 $= Rs. 11500. cearly, Rs.$ 12000 $\in c a s h i s a b e e r o f f e r .$

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Question:A man wants to sell his scooter. There are two offers one at Rs.1200012000 cash and the other at a credit of Rs. 1288012880 to be paid after 88 months money being at 18%18% per annum. Which is the better offer ?

A Rs.12000Rs. 12000 in cash

B Rs.128880Rs. 128880 at credit

C Both are equally good

A

Question:A man wants to sell his scooter. There are two offers one at Rs. $12000$ cash and the other at a credit of Rs. $12880$ to be paid after $8$ months money being at $18%$ per annum. Which is the better offer ?

A $Rs. 12000$ in cash

B $Rs. 128880$ at credit