Accountancy, asked by Parwinder535, 4 months ago

amarnath needs Rs 1000 now, and will you pay back Rs 1350 in a year. is that a good investment when you can get at 10 percent per year

Answers

Answered by PhoenixAnish
6

Answer:

No it is not good investment because

10% of 1000 is only 100 so if you will pay 1350 which is 35% of 1000 then you will suffer from loss .

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