a man invested rupees 10000 for 3 years at 11% simple interest per annum and rupees 10000 at 10% compounded interest per annum compounded annually for 3 years find which investment is better
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Answer:
<<Please mark it as brainliest>>
Step-by-step explanation:
Amount of 1st investment = 1000 + 330 = Rs. 1330
Amount of 2nd investment = Rs. 1000*110*110*110/1000000 = Rs. 1331
So in second investment there is more profit hence it is better.
<Hope it helps>
Answered by
1
Answer:
hope this will help you dude....
Step-by-step explanation:
Good afternoon....
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