Subject
Quantitative Aptitude
Topic
Percentage
A man wants to sell his scooter. There are two offers, one at Tk. 12,000 cash and the other a credit of Tk. 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 Tk. 12,000 cash and the other a credit of Tk. 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?
ক)
Tk. 12,000 in cashখ)
Tk. 12,880 at creditগ)
Both are equally goodঘ)
Data not sufficientExplanation
PRESENT WORTH of Tk. 12,880 due 8 months hence = Tk. [(12880×100)/100+{18×(8/12)}] = Tk. (12880×100)/112 = Tk. 11500Related questions
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