Accountancy, asked by ankitkmr1234, 1 month ago

to stock
Pili Sony and Mony, went
shares
worth Rs.4,000 and sold for Rs 4,600.
Mony purchased shores fou Rs 3,000 and
sold them for Rs 3,600 who is a better
investor and
why​

Answers

Answered by reachsaimohitkumar
1

Explanation:

mony is the better investor..

because Sony brought it for 4000

4000/100 = 40

and he got 15% profit

many purchased for 3000

3000/100 = 30 = 1%

so 30 x 20 = 60

so mony got 20% profit which is better than Sony...

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