A man wants to sell his scooter. There are two offers: Rs. 12,000 in cash or Rs. 12,880 on credit payable after 8 months, with money at 18% per annum. Which is the better offer?

Irza Afzad Arithmetic/ Basic Math, css, Full List, Mathematics

A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Rs. 18.33