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Statement: Is buying things on instalments profitable to the customer? Arguments: I. Yes, he has to pay less. II. No, paying instalments
Question

Each question given below consists of a statement, followed by two arguments numbered I and II. You have to decide which of the arguments is a 'strong' argument and which is a 'weak' argument.

Statement: Is buying things on instalments profitable to the customer?
Arguments:
I. Yes, he has to pay less.
II. No, paying instalments upsets the family budget.

A.

Only argument II is strong.

B.

Neither I nor II is strong.

C.

Either I or II is strong.

D.

Only argument I is strong.

Correct option is A

Analysis of Arguments:

  1. Argument I:
    This argument is weak because paying instalments does not necessarily mean the customer pays less. In fact, instalment purchases often involve added interest, which makes the total cost higher. The argument lacks clarity and does not support the profitability claim.

  2. Argument II:
    This argument is strong because paying instalments can indeed upset the family budget if a fixed portion of income is regularly allocated to repay the instalments. This may cause financial strain, especially if not managed properly.

Correct Answer:

(A) Only argument II is strong

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