Math, asked by vidhyadharjethithor1, 2 months ago

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 BlessOFLove
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

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