self Maths Puzzle

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?

A. Rs. 12,000 in cash B. s. 12,880 at credit
C. Both are equally good D. [NIL]
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self Other Question

A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest 12% per annum, how much cash should he pay?

A. Rs. 9025.20 B. Rs. 9200
C. Rs. 9600 D. Rs. 9560
Goods were bought for Rs. 600 and sold the same for Rs. 688.50 at a credit of 9 months and thus gaining 2% The rate of interest per annum is:

A.
16 2 %
3
B.
14 1 %
2
C.
13 1 %
3
D. 15%