Math, asked by aman18082003op, 4 months ago

Which is a better investment:₹5000 for 10 years at 5% p.a or
₹5500 for 8 years at the rate of 6% p.a?

Answers

Answered by ravimahendrakar0000

6

Step-by-step explanation:

Amount = P + S.I = 5000+2500 = 7500 Rs. S.I = 5500*8*6/100 = 2640 Rs

hope it is helpful

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