Aptitude - True Discount - Discussion

Discussion Forum : True Discount - General Questions (Q.No. 4)
4.
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?
Rs. 12,000 in cash
s. 12,880 at credit
Both are equally good
Answer: Option
Explanation:
P.W. of Rs. 12,880 due 8 months hence
= Rs. 12880 x 100
100 + 18 x 8
12
= Rs. 12880 x 100
112
= Rs. 11500.
Discussion:
34 comments Page 4 of 4.

Sonu said:   5 years ago
Thanks for explaining @Kavya.
(3)

Seema said:   8 years ago
Well said, I agree @Raja.

Yash said:   7 years ago
Agreed @Vikas.
(1)

Gitanjali Kumari said:   5 years ago
Thanks @Madhu.
(1)


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