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?

A man wants to sell his scooter. There are two offers, one at Rs. 1

1.	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?
A.	Rs. 12,000 in cash
B.	Rs. 12,880 at credit
C.	Both are equally good
D.	None of these
Answer» B. Rs. 12,880 at credit

Discussion

No Comment Found

Related MCQs

A shopkeeper offers 15% discount on all plastic toys. He offers a further discount of 4% on the reduced a piece to those customers who pay cash. What does a customer have to pay (in rupee) in case for a toys of Rs. 200 ?
A shopkeeper sold an item at 10% loss after giving a discount equal to half the marked price. Then the cost price is ?
The marked price of an article is 10% higher then the cost price. A discount of 10% is given on the market price.In this kind of sale, the seller bears ?
Charging 30% above its production cost a radio maker puts a label of Rs. 286 on a radio as is price. But at the time of selling it, he allows 10% discount on the labelled price. What will his gain be ?
The difference between simple interest and the true discount on Rs. 2400 due 4 yearshence at 5% per annum simple interest is -
A shopkeeper allows a discount of 12.5% on the marked price of a certain article and makes a profit of 20%. If the article costs the shopkeeper Rs. 210, then the marked price of the article will be = ?
The marked price of an article is Rs. 500. A shopkeeper gives a discount of 5%and still makes a profit of 25%. The cost price of the article is = ?
Anand marks up the price of an article by 50% and then allows a discount of 20% and sells it to Balaji who sells it for Rs. 20, more than what he purchased for, this selling price is 30%more then the original cost price of the article. Then Balaji's profit % is = ?
A double bed is market at Rs. 75000. The shopkeeper allows successive discounts of 8%, 5%and 2% on it. What is the net selling price ?
A machine is marked at Rs. 6800 and available at a discount of 10%. The shopkeeper gives another off season discount to the buyer and sells the machine for Rs. 5202. Find the off season discount ?

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?

Discussion

No Comment Found

Related MCQs

Reply to Comment