A man wants to sell his scooter .There are two offers one at Rs12000 cash and other at a credit of Rs12880 to be paid after 8 months ,money being at 18% per annum which is better offer?	Choose the correct choice from the following answers
A) Rs.12880 B) Rs.12000 C) Both are equally good D) None of the above E) Cannot be determined
Explanation:   PW of Rs.12,880 due 8 months hence   =Rs.[12880×100/100+(18×812)]=Rs.11500=   Clearly 12000 in cash is a better offer.   Answer: Rs.12000
<result>B</result>
A man wants to sell his scooter .There are two offers one at Rs12000 cash and other at a credit of Rs12880 to be paid after 8 months ,money being at 18% per annum which is better offer?