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Which is a better offer out of (i) a cash payment now of Rs.8100 or (ii) a credit of Rs.8250 after 6 months(6.5% S.I)

(i)
(ii)
both (i) and (ii)
none

Correct Answer: (i)

Explanation:

PW = $\frac{100 \times A m o u n t}{100 + R \times T}$

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