A man wants to sell his scooter.There are two offers,one at Rs.12,000 cash and the other at a credit of Rs. 12,880 to be paid after 8 months,money being at 18% per annum. Which is the better offer ?	Choose the most appropriate option.
A) Rs. 12,000 in cash B) Rs. 12,880 at credit C) Both are equally good D) none of these E) Cannot be determined
Solution   P.W. of Rs. 12,880 due 8 months hence   = Rs. [12880 x100/100 +( 18x8/12) ] = Rs. ( 12880x100/112)= Rs.11500.   Clearly, Rs.12,000 in cash is a better offer.   Rs. 12,000 in cashnswer Rs. 12,000 in cash
<result>A</result>
A man wants to sell his scooter.There are two offers,one at Rs.12,000 cash and the other at a credit of Rs. 12,880 to be paid after 8 months,money being at 18% per annum. Which is the better offer ?