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 best offer?
(A) Rs. 12,000 in cash
(B) Rs. 12,880 at credit
(C) Both are equally good.
(D) None of these
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 best offer?
(A) Rs. 12,000 in cash
(B) Rs. 12,880 at credit
(C) Both are equally good.
(D) None of these