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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. Approximately, which is the better offer?

A.	Rs. 12,000 in cash	B.	Rs 12,880 at credit
C.	Both are equally good	D.	Cannot be determined

Answer and Explanation

Answer:Rs. 12,000 in cash

Explanation:

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