Mr ashok earns rs;3065 a week how much does he earn in 9 weeks
Answers
Answered by
0
Answer:
mr ashoks earns 27585rs
Explanation:
3065*9= 27585
Answered by
0
Answer:
for example Amount deposited by Mr. Sayyed = Rs 40,000
Rate of interest = 8%
Time = 2 years
CI = Amount − Principle
=P(1+R100)n−P=40,000(1+8100)2−40,000=40,000[(108100)2−1]=40,000(1.1664−1)=40,000×0.1664=Rs 6656
Percentage profit=665640,000×100=16.64%
Investment in mutual funds by Mr. Fernandes =Rs 1,20,000
Return of investment = Rs 1,92,000
Profit = 1,92,000−1,20,000=Rs 72,000
Percentage profit from mutual funds = 72,0001,20,000×100=60%
Thus, investment by Mr. Fernandes turned out to be more profitable.
Similar questions