Mr. shah invented 320000 in a bank at 10% Compound Interest. He also invested 240000 manual bonds at market rate He got 305000 after 2 years? How much did he gain in which investment is a profit Able?
Answers
Answered by
39
320000-240000=80000
so now, subtract it from the bank's amount
387420-80000=307420
which is greater than he got amount after 2 year in mutual fund
so bank one is profitable
Attachments:
Similar questions
Hindi,
2 months ago
History,
2 months ago
Math,
2 months ago
Computer Science,
4 months ago
Chemistry,
4 months ago
Chemistry,
11 months ago
Chemistry,
11 months ago
Social Sciences,
11 months ago