Kinjal wants to sell his television. There are two offers, one at Rs. 8,000 cash and the other at a credit of Rs. 6,000 to be paid after 8 months, money being at 18% per annum. Which one is the better offer?
1
Rs.6000 at credit
2
Rs.8000 in cash
3
Both Rs.6000 at credit and Rs.8000 in cash
4
Can’t be determined