Arun wants to pay Rs. 16000 cash for a colour television and Bala wants to purchase the same for Rs. 17776, due after 2 years. If the rate of simple interest is 5% per annum, which of the deals is better for the shopkeeper?

Arun wants to pay Rs. 16000 cash for a colour television and Bala want

1.	Arun wants to pay Rs. 16000 cash for a colour television and Bala wants to purchase the same for Rs. 17776, due after 2 years. If the rate of simple interest is 5% per annum, which of the deals is better for the shopkeeper?
A.	Neither of the deal
B.	Both are the same
C.	From Arun
D.	From Bala
Answer» E.

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Arun wants to pay Rs. 16000 cash for a colour television and Bala wants to purchase the same for Rs. 17776, due after 2 years. If the rate of simple interest is 5% per annum, which of the deals is better for the shopkeeper?

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