A man wants to sell his television. There are two offers, one at Birr 12,000 cash and the other a credit of Birr 12,880 to be paid after 8 months, money being at 18% per annum. Which is the better offer?​

Answer:

Of course the cash better than credit

Explanation:

A man wants to sell his television. There are two offers, one at Birr 12,000 cash and the other a credit of Birr 12,880 to be paid after 8 months, money being at 18% per annum. The cash was the better option. Thus, option (b) is correct.

A mass communication medium known as television is used here. Electronic media with a video and audio foundation include television. A variety of channels, including news, sports, music, and movie channels, are available on television.

According to the case was the given amount,

A man was the sell television.

The conditions was,

A sell television on Birr 12,000 cash.

A sell television on credit of Birr 12,880.

money being at 18% per annum.

Rs.12,880 due 8 months,

= [12880 × 100] / [100+(18 × 8/12)] =Rs.11500

= 1280000 / [100+(18 × 8/12)]

= 1280000 / [100+(12)]

=Rs.11500

As a result, the 12000 in cash is a better offer. Therefore, option (b) is correct.

Learn more about on television, here;

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Your question is incomplete, but most probably the full question was.

A) Rs.12880

B) Rs.12000

C) Both are equally good

D) None of the above

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